Current Attempt in Progress During 2017, its first year of operations as a delivery service, Marigold Corp. entered into the following transactions. 1. 2. 3. 4. 5. Issued shares of common stock to investors in exchange for $120,000 in cash. Borrowed $53,000 by issuing a note. Purchased delivery trucks for $51,000 cash. Received $17,000 from customers for services performed. Purchased supplies for $6.200 on account Paid rent of $5,800 Performed services on account for $10,900. Paid salaries of $26,600 Paid a dividend of $10,200 to shareholders. 6. 7. 8. 9. Using the following tabular analysis show the effect of each transaction on the accounting equation. Put explanations for changes to revenues or expenses in the right-hand column. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Cash Accounts Receivable Supplies Equipment (1) $ $ $ $ $ (2) (3) (5) (7) (8) (9) $ $ $ $