During $2022,$ its first year of operations as a delivery service, Blue Spruce Corp. entered into the following transactions.

Issued shares of common stock to investors in exchange for $$115,000$ in cash.

Borrowed $$38,000$ by issuing bonds.

Purchased delivery trucks for $$55,000$ cash.

Received $$17,000$ from customers for services performed.

Purchased supplies for $$6,700$ on account.

Paid rent of $$6,000.$

Performed services on account for $$10,400.$

Paid salaries of $$29,600.$

Paid a dividend of $$10,500$ to shareholders.

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, Llabilities 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, see Illustration $3-4$ for example$)$