During 2018, its first year of operations as a delivery service, Sunland Corp. entered into the following transactions. The fiscal year end for Sunland is December 31. 1. Issued common shares to investors in exchange for $ 108,000 in cash. 2. Borrowed $ 40,000 cash from the bank, due 2020. 3. Purchased delivery vehicles for $ 58,000 cash. 4. Received $ 28,000 from customers for services provided. 5. Purchased supplies for $ 4,500 on account. 6. Paid rent of $ 5,200. 7. Performed services on account for $ 11,000. 8. Paid salaries of $ 31,000. 9. Declared and paid a dividend of $ 12,000 to shareholders. 10. Paid income taxes of $ 200 for the month. Indicate the effect of each transaction on the accounting equation. Use the following format. (If an amount reduces the account balance then enter with a negative sign preceding the number e.g.-15,000 or in parenthesis e.g. (15,000).) Cash +Accounts +Supplies +Vehicles =Accounts +Bank +Common +Revenues -Expenses -Dividends Receivable Payable Loan Shares Declared Payable 1$ $ $ $ $ $ $ $ $ $ 2 3 4 5 6 7 8 9 10 $ + $ = $ + $ + $ + $ - $