During 2022, its first year of operations as a delivery service,Sarasota Corp.entered into the following transactions.1.Issued shares of common stock to investors in exchange for $103,000in cash.2.Borrowed $45,000by issuing bonds.3.Purchased delivery trucks for $61,000cash.4.Received $18,000from customers for services performed.5.Purchased supplies for $4,900on account.6.Paid rent of $5,400.7.Performed services on account for $12,000.8.Paid salaries of $26,100.9.Paid a dividend of $11,200to 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, Liabilities 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.)

Question 3 of 7 - 15 3 Assets Accounts Cash + Receivable Supplies + Equipment (1) $ (2) (3) (4) (5) (6) (7) (8) (9)