During 2025, Sunland Company entered into the following transactions. 1. Purchased equipment for $280,350 cash. 2 Issued common stock to investors for $137,900 cash. 3. Purchased inventory of $73,900 on account. Using the following tabular analysis, show the effect of each transaction on the accounting equation. (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.) (1) Cash Assets Inventory -280 2 (2) -137900 (3) 73900 Equipment 280350 Liabilitie Accounts Pa Liabilities Accounts Payable + Common Stock 50 73900 Stockholders' Equity 137900 Retained Earnings