Below is a list of activities for Purple Cow Incorporated Required: For each activity, indicate the impact on the accounting equation. After doing so for all transactions, ensure that the accounting equation remains in balance. The first item is provided as an example (Decreases to account classifications should be entered as a negative.) Assets Liabilities Stockholders Equity $ 1.790 $ 1.790 $ 0 Transaction 1. Provide services to customers on account, $1,700 2. Pay $260 for current month's rent 3. Hire a new employee who will be paid $690 at the end of each month 4. Puy S110 for advertising ared in the current period 5. Purchase office supphes for $260 cash 6. Receive cash of 51 190 from customers in (1) above 7 Obtain a loan from the bank for $8.900 8 Rective a bill of $410 for utility costs in the current period. Issue common stock for $11.900 cash 10. Pay 5600 to employee in (3) above Totals