a. Lita Lopez invested $70,000 cash and equipment valued at $39,000 in the company in exchange for its common stock. b. The company purchased a building for $43,000 cash. c. The company purchased equipment for $5,200 cash. d. The company purchased $3,300 of supplies and $1,700 of equipment on credit e. The company paid $930 cash for advertising expenses. The company completed a financial plan for a client and billed that client $4,400 for the service. g. The company designed a financial plan for another client and immediately collected a $8,500 cash fee. K h. The company paid $1,300 cash in dividends to the owner (sole shareholder). nces 1. The company received $3,400 cash as partial payment from the client described in transaction f J. The company made a partial payment of $850 cash on the equipment purchased in transaction d k. The company paid $2,300 cash for the secretary's wages for this period. Required: 1. Enter the amount of each transaction on individual items of the accounting equation. 2. Determine the company's net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Enter the amount of each transaction on individual items of the accounting equation. (Reductions in account balances should be indicated with ar Assets Liabilities Equity Cash Accounts Receivable Supplies Equipment Building Accounts Payable Common Block Dividends Revenue points Enter the amount of each transaction on individual items of the accounting equation. (Reductions in account balances should be indicated with a r Assets Liabilities Equity Cash Accounts Receivable Supplies Equipment Building Accounts Payable Common Stock Olvidende + a ebook b . References Bal 0 . 0 + 0- 0+ 01- 0+ + 4 c Ba 0 + 0 + 0 . 0= + 0- d . + Bal 0. 0- 0+ 0 - 0 0- + . 0 0 + D 4 . Bal 0+ D + 0 0- 0- . + + Bal. D+ 0+ D- 0+ 0 = 0- ol . . + Bal. 0 + 0 + 0 . 0 = 0. 0 0 . 4 . . ha . 0 . 0- Bal 0 + 0 + 0+ .. = . Dal 0+ 0- 0+ . +