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due in three years for $ 1 8 , 0 0 0 ( ignore interest ) . d . Paid $ 2 , 0 0

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due in three years for $18,000(ignore interest).
d. Paid $2,000 cash to a truck repair shop for a new motor, which increased the cost of one of the trucks.
e. Stockholder Jonah Lee paid $300,000 cash for a house for his personal use.
Required:
Analyze each item for its effects on the accounting equation of Laser Delivery Services for the year ended December 31.(Enter any decreases to account balances with a minus sign.)
TIP: Transaction (a) is presented below as an example.
TIP: The new motor in transaction (d) is treated as an increase to the cost of the truck.
\table[[,,,,Answer is not complete.],[,Assets,=,Liabilities,+,\table[[\table[[Stockholders'],[Equity]]],[Common Stock]]],[,Cash,Equipment,Land,=,\table[[Accounts],[Payable]],\table[[Notes],[Payable],[(long-term)]]],[\table[[Beginning],[Balance]],0,0,0,=,0,0,+,0],[a.,40,000,,,=,,,+,40,000],[b.,,,12,000,=,,12,000,+,],[c.,(2,000)vv,20,000vv,,=,,18,000,+,],[d.,(2,000)vv,,,=,,,+,],[e.,0vv,,,=,,,+,],[Ending Balance,36,000,20,000,12,000,=,,30,000,+,40,000]]
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