1. Investment in the business= $17010

2. Borrow cash= $7620

3. Purchase equipment= originally $8700, purchased for $8300

4. Revenues earned= $298600, cash collected from customers for all revenue earned

5. Expenses incurred= $210,900, all expenses paid in cash

6. Dividends= distributed cash to each stockholder at the end of each quarter, the sum of those distributions was $15000

Transactions Consider the tollowing transactions for Thomas Company and their effect on the accounting equation Place the cursor on each transaction for transaction details. Determine the new balance for each component of the accounting e from the transadtion (You will not need to enter the amount of each transaction, only the balance after the transaction.) If an amount box does not require an entry, leave it blank. AssetsLliies Steockholders' Equity Beginning g0 so so I. Investment in the business 2. Barrow cadh S. Purchase eqit 4.Revenues eaned S. Expenses incurred 17,010 7,010 94,600 X 298,600 x 210,900x 15,000 210,900 15,000 x