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1.17 Summary financial data of the Nu-look Dry Cleaning Co. for November are presented below in transaction form. Opened a business bank account, depositing $12,000. Purchased supplies for cash. $220. Purchased dry cleaning equipment from Hill Cleaning Equipment, Inc., for $3,500, paying S1,500 in cash with the balance on account (Paid rent for the month, $425. Cash sales for the month totaled $1,850. (Paid salaries of $375. Paid S500 on account to Hill Cleaning Equipment, Inc. The cost of supplies used was determined to be $60. Record the transactions and running balances in the following form. Assets Liabilities + Capital Cash + Supplies - Equipment - Accounts + Nu-Look dry Payable Cleaning Company (1) (2) Balance (3) Balance (4) Balance (5) Balance (6) Balance