Complete this question by entering your answers in the tabs below. For each of the transactions, complete the following table, indicating the account, amount, and direction of the effect ( + for increase and - for decrease) of each transaction under the accrual basis. Include revenues and expenses as subcategorles of stockholders' equity, as shown for the first transaction, which is provided as an example. (Enter any decreases to Assets, Liabilities, and Stockhoider's Equity with a minus sign.) a. Paid wages of $1,450 for the current period (example). b. Borrowed $7,250 cash from local bank using a short-term note, c. Purchased $2,900 of equipment on credit. d. Earned $580 of sales revenue; collected cash. e. Received $1,160 of ufilities services, on credit. t. Earned $2,450 of seivice revenue, on credit. g. Paid $435 cash on account to a supplier. h. Incurred $100 of travel expenses; paid cash. i. Earned $580 of service revenue; collected half in cash, with balance on credit. j. Collected $160 cash from customers on account. k. Incurred $420 of advertising costs; paid half in cash, with balance on credit. Required: 1. For each of the transactions, complete the following table, indicating the account, amount, and direction of the effect (+ for increase and - for decrease) of each transaction under the accrual basis. Include revenues and expenses as subcategories of stockholders' equity, as shown for the first transaction, which is provided as an example. 2. Determine the company's preliminary net income. Complete this question by entering your answers in the tabs below. Determine the company's preliminary net income