During 2018, its first year of operations as a delivery service, Crane Corp.entered into the following transactions. The fiscal year end for Crane is December 31. 1. Issued common shares to investors in exchange for $ 97,000 in cash. 2. Borrowed $ 41,000 cash from the bank, due 2020. 3. Purchased delivery vehicles for $ 62,000 cash. 4. Received $ 23,000 from customers for services provided. 5. Purchased supplies for $4,000 on account. 6. Paid rent of $ 5,700. 7. Performed services on account for $ 9,000. 8. Paid salaries of $ 28,000. 9. Declared and paid a dividend of $10,000 to shareholders. 10. Paid income taxes of $ 300 for the month. (a) 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).)