During 2022, Kingbird Corp. entered into the following transactions.

1.		Borrowed $48,000 by issuing a note.
2.		Paid $7,200 cash dividend to stockholders.
3.		Received $10,400 cash from a previously billed customer for services performed.
4.		Purchased supplies on account for $2,480.

Using the following tabular analysis, show the effect of each transaction on the accounting equation. For retained earnings, use separate columns for revenues, expenses, and dividends if necessary. (If a transaction results in a decrease in Assets, Liabilities or Stockholder's Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)