III. Prepare a tabular analysis of the transactions below. 1. Stockholders invested $20,000 in exchange for common stock. 2. Received cash for services provided, $3,200 3. Paid cash for supplies, $700 4. Provided services on account, $8,000 5. Paid utilities, $1,200. 6. Purchased supplies on account, $450 7. Purchased equipment on account, $5,000 8. Paid rent for the month, $2,000 9. Incurred advertising costs on account, $850 10. Collected $4,000 from customers who were previously billed 11. Paid salaries, $6,000 12. Signed a 1-year note a National Bank for $15,000 iv. Use the tabular analysis to answer each item below: a. How much are total assets? b. How much are total liabilities? c. How much is total stockholder's Equity? d. Is the accounting equation balanced