\begin{tabular}{ll} \hline May 1 & Received $2,400 and issued common stock. \\ May 3 & Purchased a mower on account, $1,800. \\ May 5 & Performed lawn services for client on account, $900. \\ May 17 & Paid $60 cash for gas used in mower. \\ May 28 & Paid cash dividends of $1,200. \\ \hline \end{tabular} Analyze the events chronologically, one transaction at a tme, beginning with the transaction co May 1st. For each transacton that follows the May 1st transaction, calculate the balance in each acoount after analyzing its offoct on the acoounting equation. (Completo ony the nocessary answer bexes for your trarfaction lines. For transacton lines, do nor enter a '"P if an acoount is not, aftecled by the transaction. Cary down all balances to the "Bal." line, including zero balance accounts, entering a "De it any ravo balances. Enter a decrease in an account with a minus sign or parentheses, Abbreviatien used Cont, = Contrbustod, Liab. * Liabilies )