Bindy Crawford created a corporation providing legal services, Marin Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $5,300; Accounts Receivable $6,800; Supplies $730; Equipment $9,300; Accounts Payable $8,500; Common Stock $11,800; and Retained Earnings $1,830. During August the following transactions occurred. Aug. 1 4 9 15 Collected $1,150 of accounts receivable due from customers. Paid $2,710 cash for accounts payable due. Performed services worth $5,360, of which $3,580 is collected in cash and the balance is due in September. Purchased additional office equipment for $4,490, paying $470 in cash and the balance on account. Paid salaries $1,430, rent for August $650, and advertising expenses $320. Paid a cash dividend of $650. Borrowed $5,950 from American Federal Bank; the money was borrowed on a 4-month note payable. Incurred utility expenses for the month on account $440. 19 23 26 31 (a) Prepare a tabular analysis of the August transactions beginning with July 31 balances. Include margin explanations for any changes in Retained Earnings. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example. Post entries in the order presented in the question.) Assets Cash + Accounts Receivable + Supplies July 31 Bal. $ $ $ Aug. 1 4 9 15 19 23 26 31 $ $ $ MARINI Liabilities Supplies Equipment Notes Payable + Accounts Payable $ $ $ $ $ $ Stockholders' Equity Common Stock + Retained Earnings Revenues Expenses $ $ $ $ $ $ Dividends Issued Stock Service Revenue Rent Expense Salaries and Wages Expense Dividends Advertising Expense Utilities Expense