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Current Attempt in Progress During 2 0 2 5 , its first year of operations as a delivery service, Crane Corp. entered into the following

Current Attempt in Progress
During 2025, its first year of operations as a delivery service, Crane Corp. entered into the following transactions.
Issued shares of common stock to investors in exchange for $121,000 in cash.
Borrowed $38,000 by issuing bonds.
Purchased delivery trucks for $64,000 cash.
Received $16,000 from customers for services performed.
Purchased supplies for $3,200 on account.
Paid rent of $5,300.
Performed services on account for $11,700.
Paid salaries of $28,900.
Paid a dividend of $10,800 to stockholders.
Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far-right column. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)
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