4) Anusha began a sole trode business on 1 fanusry 20ck. During the first month of tradire. the following traesactions took place: She started the business with $5,000 of cash She taok out a loan from the bank of $10,000 She purchased a war for $12,000cash She porchased 100 units of inventory on credit at a totat cost of $2,500 (ie 5.25 per unit) She sold 10 units of inventory to a customer on credit for a total of $400 (ie $40 per unit) She paid interest on the loan of $60 She repaid $250 of the loan She took $10 from the business bank accourt to cover a personal expense Required Fxplain how each of the abeve transactions impacts the accounting equation and illustrate the cumulative effect that they have. Asset=tquity+Liability (20 Marks) Part 2 1. Categorize the following costs as Direct Materials (DM), Direct Labour (DL), Manufacturine Overhead (MOH), Selting (S), or Adrrinistrathe (A). Also, state whether each item is a product ifl] or Period (E) cost. a) Hoatr wapes for atcentily line wokers b) Combritsiotis paid to salespecole c) Car seats uned as perts of a eew automobile a) Sitary pald to asipervior oreruetine production e) Salary paid to quelity coetrol/testing personnel Eh Houly whe paid to the compands bookbefeptr Whirchese of poper tionelis which are used by factory worken in the breakoom