Following is the balance sheet for the XX Corporation as of March 31, 20X9:

Assets Liabilities Cash $ 7,100 Accounts Payable $ 6,200 Accounts Receivable 4,000 Notes Payable 8,300 Merchandise Inventory 13,500 Total Liab. 14,500 Prepaid Rent 3,300 Paid-in Capital $17,600 Store Equipment 15,600 Retained Earnings 11,400 Total Stockholders' equity 29,000 Total Assets $43,500 Total Liab. and Stockholders' Equity $43,500 The following transactions occurred during April:

1. The company paid $2,100 of the accounts payable.

2. The company acquired $3,500 of merchandise inventory, paying 40% in cash and the remainder on open account.

3. The utility bill of $600 for the month of April was paid.

4. The company received $2,200 from its credit customers.

5. Sales of merchandise inventory for the month of April totaled $12,900, of which $5,400 was paid in cash and the remaining amount was on open account. The cost of the merchandise sold was $8,100.

6. The company paid $1,600 of the note payable.

7. Additional store equipment of $1,700 was acquired. Of this amount, $700 was paid in cash and the remainder was added to the note payable balance.

8. The balance in the prepaid rent account represented 3 months' worth of rent paid in advance as of March 31, 20X9.

Prepare a transactions analysis of the above transactions using the balance sheet equation.