Below is a list of activities. Required: For each activity, indicate the impact on the accounting equation. After doing all the 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.) Transaction Assets Liabilities Stockholders' Equity $ 15,000 15,000 0 1. Issue common stock in exchange for cash, $15,000. 2. Purchase equipment for cash, $20,000. 3. Pay cash for insurance in advance, $2,400. 4. Pay cash for employees' salaries in the current period, $17,200. 5. Pay accounts payable, $1,000. 6. Purchase office supplies on account, $3,750. 7. Provide services to customers for cash, $6,800. 8. Provide services to customers on account, $12,300. 9. Pay cash dividends to stockholders, $2,500. 10. Pay cash for utilities in the current period, $1,200. Totals