Could I get some assistance in completing the 2 questions?

Donner Company is selling a piece of land adjacent to its business premises. An appraisal reported the market value of the land to be $220,000. The Focus Company initially offered to buy the land for $187,000. The companies settled on a purchase price of $302,000. On the same day, another piece of land on the same block sold for $312,000. Under the cost concept, at what amount should the land be recorded in the accounting records of Focus Company? Your Answer: Answer Match each transaction with its effect on the accounting equation. Each letter may be used more than once. 4 Received cash for providing services to customers 3 Provided a service to a customer on account Payment for common stock by stockholder Received utility bill to be paid next month Purchased equipment for cash Purchased supplies on credit 1. Increase assets, increase liabilities Paid cash for the purchase of 2. Increase liabilities, decrease stockholders' equity a one-year insurance policy Increase assets, increase stockholders' 3. equity Paid wages 4. No effect Received payment from a customer on account 5. Decrease assets, decrease liabilities Contribution of land by stockholder 6. Decrease assets, decrease stockholders' equity Payment of dividends 3 Received cash for services provided Used up supplies that were already on hand Borrowed money from a bank Paid part of an amount owed to a creditor