i am stuck on the account for compton inc has collected the following information

ORCIUSS REAS entsessionLocator pert... Log Into JWU H! Grammar Checker Johnson & Wales P... Shared album - Dor... op There's racial biasi... More Than Half of eBook Show Me How Calculator The accountant for Compton Inc. has collected the following information: a. Compton purchased a tract of land from Jacobsen Real Estate for $966,000 cash. b. Compton issued 2,000 shares of its common stock to George Micros in exchange for $110,000 cash. c. Compton purchased a John Deere tractor for $57,000 on credit. d. Michael Rotunno paid Compton $8,200 cash for services performed. The services had been performed by Compton several months ago for a total price of $10,300 of which Rotunno had previously paid $2,100. e. Compton paid its monthly payroll by issuing checks totaling $44,450. f. Compton declared and paid its annual dividend of $15,000 cash. Required: 1. Prepare an analysis of the effects of these transactions on the accounting equation of the business. Use the format below. If an amount box does not require an entry, leave the cells blank. Enter decreases in account values as negative numbers. If the effect of a transaction is to increase AND decrease the same item (i.e. Asset, Liability), enter "0" since the net effect on the item is zero. Assets Liabilities Stockholders' Equity Contributed Retained Capital + Earnings 0 0 110,000 0 110,000 110,000 LO 57,000 57,000 100 110,000 2100 8,200 0 Previous Next Check My Work Email Instructor Save and Exit Submit Assignment for Grading All work saved