Brief Exercise 3-2 During 2017, Swifty Corporation entered into the following transactions 1. Borrowed $62,800 by issuing bonds. 2. Paid $9,480 cash dividend to stockholders 3. Received $10,800 cash from a previously billed customer for services performed. 4. Purchased supplies on account for $3,400 for supplies on acount Using the following tabular analysis, show the effect of each transaction on the accounting equation. For Retained Earnings, use separate columns for Revenues, Expenses, and Dividends if necessary. (Ifa 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 3-3 for example.) Assets Liabilities Stockholders' Equity Cash +Accounts Receivable +