A company had the following transactions:

1. Recorded $5000 of utilities expense that will be paid next month.
2. Bought a piece of equipment for $8,000 cash.
3. Recorded $1000 of depreciation expense.
4. Sold $30,000 worth of merchandise to a customer on account.
5. Paid off a $3,000 loan.

What was the impact of these transactions in total on Assets, Liabilities and Stockholder's Equity?

(hint: remember after considering the impact of each of these transactions, Assets still equal Liabilities plus Stockholder's Equity)

Change in:

Assets ____

Liabilities ______

Stockholder's Equity ______

If the balance decreased, put a negative sign in front of the number.