b. During the second week of business, the following transactions took place: 1. On 8 April, Jingfei paid by cheque a half of the money owing on her payables account. 2. On 11 April, Jingfei paid by cheque 1,200 for four weeks' rent for her business premises. 3. On 11 April, Jingfei paid by cheque 300 for two weeks' insurance from the business bank account. 4. By the end of the day on the 14 April (i.e. after two weeks of trade), Jingfei had made sales for 6,000. Fifty percent of sales had been on cash and the rest on credit. Jingfei had sold half of her inventory after these two weeks of trade. Using the new template below, demonstrate how the transactions in the second week will affect the expanded accounting equation (Assets = Capital + (Income - Cost of Sales - Expenses) + Liabilities. As for part (a) above, each entry for each transaction should show the relevant amount as well as the relevant account. Your answer should include a summary total for each of the Assets, Capital, and Liabilities at the beginning of the second week, that is, from your answer to part (a), as well as at the end of the same week.