Brlef Exerclse 2-7 (Statlc) Transaction analysis [LO2-1] The Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory on account for $165,000 (assume Marchetti uses a perpetual inventory system): (2) paid $40,000 in salaries to employees for work performed during the month; (3) sold inventory on account to customers for $200,000 that had a cost of $120,000 : (4) collected $180,000 in cash from credit customers; and (5) paid on account to suppliers of inventory $145,000. Analyze each transaction and show the effect of each on the accounting equation for a corporation. Note: Amounts to be deducted should be Indleated by a mlnus sign. Enter the net change on the accounting equation