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

1.		Issued shares of common stock to investors in exchange for $122,000 in cash.
2.		Borrowed $48,000 by issuing bonds.
3.		Purchased delivery trucks for $52,000 cash.
4.		Received $16,000 from customers for services performed.
5.		Purchased supplies for $4,700 on account.
6.		Paid rent of $5,800.
7.		Performed services on account for $11,800.
8.		Paid salaries of $26,700.
9.		Paid a dividend of $11,500 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, 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.)

		Assets							=	Liabilities			+	Stockholders Equity
		Cash	+	Accounts Receivable	+	Supplies	+	Equipment	=	Accounts Payable	+	Bonds Payable	+	Common Stock	+	Retained Earnings
																Revenues		Expenses		Dividends

The whole chart was too big to post but on the right side there were some boxes where I had to choose between Rent Expense, Service Revenue, Paid dividends, salaries and wage expenses, and issued stock