Ces Ming Chen started a business and had the following transactions in June. a. Owner invested $60,000 cash in the company along with $15,000 of equipment in exchange for its common stock. b. The company paid $2,000 cash for rent of office space for the month. c. The company purchased $18,000 of additional equipment on credit (payment due within 30 days). d. The company completed work for a client and immediately collected $1,600 cash. e. The company completed work for a client and sent a bill for $7,300 to be received within 30 days. f. The company purchased additional equipment for $5,000 cash. g. The company paid an assistant $2,400 cash as wages for the month. h. The company collected $4,500 cash as a partial payment for the amount owed by the client in transaction e 1. The company paid $18,000 cash to settle the liability created in transaction c J. The company paid $1,500 cash in dividends to the owner (sole shareholder). Required: Complete the table using additions and subtractions to show the dollar effects of the transactions on individual items of the accounting equation. (Enter decreases to account balances with a minus sign.) Assets Liabilities + Equity Accounts Cash Receivable Equipment Accounts Common Dividends Payable Stock Revenues Expenses a + $ 26,000 $ b. (2.300) + 0+ $ 0+ 85,000 . $ 0- 2,300 Balance after a and b (2,300) + 0+ 26,000 0 . 85,000 0. 1 0 - 2,300 G + 17,000 Balance after c (2,300) + + 43,000 17,000 + 17,000 + + - 0 85,000- 0 + 0 2,300, d 2,100 + . 0 + + 2,100 Balance after d (200) + 0 + 43,000 e. . Balance after e (200) . 7,600+ 7,600 + 0 43,000 17,000+ 0 17,000+ 85,000 0 + 2,100 - 2,300 + 7.600 85,000 0 + 9,700 - 2,300 + Balance after f (200)+ 7,600 + 43,000 = 17,000+ 85,000 . + 9,700 2,300