Laser Delivery Services, Incorporated $($LDS$),$ was incorporated January $1.$ The following transactions occurred during the year:

a$.$ Received $$25,000$ cash from the company's founders in exchange for common stock.

b$.$ Purchased land for $$8,000,$ signing a two$-$year note $($ignore interest$).$

c$.$ Bought two used delivery trucks at the start of the year at a cost of $$7,000$ each; paid $$1,000$ cash and signed a note due in three years for $$13,000($ignore interest$).$

d$.$ Paid $$1,000$ cash to a truck repair shop for a new motor, which increased the cost of one of the trucks.

e$.$ Stockholder Jonah Lee paid $$200,000$ cash for a house for his personal use.

Required:

$1.$ Analyze each item for its effects on the accounting equation of Laser Delivery Services for the year ended December $31.($Enter any decreases to account balances with a minus sign.$)$

TIP: Transaction $($a$)$ is presented below as an example.

TIP: The new motor in transaction $($d$)$ is treated as an increase to the cost of the truck.

ASSETS LIABILITIES $+$ STOCKHOLDERS$$ EQUITY

Cash Equipment Land $=$ Accounts Payable Notes Payable$($Long$-$term$)+$ Common Stock

Beginning Balance $000=00+0$

a$.25000=+25000$

b$.=+$

c$.=+$

d$.=+$

e$.=+$

Ending Balance $2500000=0+25000$