a. Better Corporation Accounting Equation for Year 1 Assets = Liabilities + Stockholders Equity Event Cash + Land = Notes Payable + Com. Stk. + Retained Earnings Acct. Title/RE 1. 14,000 14,000 2. (12,000) 12,000 3. 3,000 3,000 4. 18,400 18,400 5. (15,000) (15,000) 6. (2,000) (2,000) 7. Land Value (100) Totals 8,400 + 10,000 = 3,000 + 14,000 + 1,300 ***Please note that I am aware that there is a $100 value that belongs under a heading of interest payable. I could not figure out how to reformat the template so that I could add an entire blank column.