Current Attempt in Progress During 2025, its first year of operations as a delivery service, Pharoah Corp. entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $149,000 in cash. 2. Borrowed $54,000 by issuing bonds. 3. Purchased delivery trucks for $64,000 cash. 4. Received $15,000 from customers for services performed. 5. Purchased supplies for $4,800 on account. 6. Paid rent of $5,400. 7. Performed services on account for $10,700. 8. Paid salaries of $27,500. 9. Paid a dividend of $11,700 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.) (1) (2) (3) (4) (5) (6) (7) (8) (9) 5 Cash Accounts Receivable Assets + $ Supplies $ Equipment Accounts Payable Bonds Payable Common Stock Revenues Expenses Retained Earnings $ Dividends S