DO IT! 1-3 Transactions made by Orlando Carbrera and Co., a law firm, for the month of March are shown below. Prepare a tabular analysis which shows the effects of these transactions on the expanded accounting equation, similar to that shown in Illustration 1-8.

1. Thecompanyprovided$20,000ofservicesforcustomers,oncredit.
2. The company received $20,000 in cash from customers who had been billed for services [in
3. transaction (1)].
4. Thecompanyreceivedabillfor$2,000ofadvertising,butwillnotpayituntilalaterdate.
5. OrlandoCarbrerawithdrew$5,000cashfromthebusinessforpersonaluse.