The following transactions occur for Badger Biking Company during the month of June: a. Provide services to customers on account for $46,000. b. Receive cash of $38,000 from customers in (a) above. c. Purchase bike equipment by signing a note with the bank for $31,000. d. Pay utilities of $4,600 for the current month. Analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (Decreases to account classifications should be entered as a negative.) Transaction Assets (a) (b) increase (b) decrease (c) (d) = Liabilities + Stockholders' Equity