Enter the ambunt of esch transaction on indivdual items of the accounting equation. Niote: Reductions in account balances should be indicated with a minus sign. 1. Enter the amount of each transaction on individual items of the accounting equation. 2. Determine the company's net income. Complete this question by entering your answers in the tabs below. Determine the company's net income. Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations. a. Lita Lopez invested $61,000 cash and equipment valued at $37,000 in the company in exchange for its common stock. b. The company purchased a buliding for $40,000 cash. c. The company purchased equipment for $5,800 eash. d. The company purchased $3,300 of supplies and $1,700 of equipment on credit. e. The company paid $890 cash for advertising expenses. t. The company completed a financial plan for a client and billed that client $4,600 for the service. 9. The company designed a financial plan for another client and immediately collected a $8,600 cash fee. h. The company paid $900 cash in dividends to the owner (sole sharehoider). 1. The company recelved $3,600 cast as partial payment from the client described in transaction f. j. The company made a partial payment of $850 cash on the equipment purchased in transaction d k. The company paid $2,000 cash for the secretary's wages for this period. Required: 1. Enter the amount of each transaction on individuat items of the accounting equation. 2. Determine the company's net income. Complete this question by entering your answers in the tabs below. Enter the amount of each transaction on individual items of the accounting equation. Noter Reductions in account balances should be indicated with a minus sign