Laura Repair Inc. was started on May 1. A summary of May transactions is presented below. 1 Stockholders invested $12,200 cash in the business in exchange for common stock. 2 Purchased equipment for $6,100 cash. 3 Paid 5 488 cash for May office rent. Paid $ 366 cash for supplies. Incurred $ 305 of advertising costs in the Beacon News on account. Performed repair services for customer for $5,734 cash. 4 5. 6. 7. Paid a $ 854 cash dividend. B 8. 9. 10. 11. (a) Paid part-time employee salaries $ 1,220. Paid utility bills $175. Performed repair services worth $1,342 on account. Collected cash of $ 138 for services billed in transaction (10). Prepare a tabular analysis of the transactions. Include margin explanations for any changes in revenues or expenses. Revenue is called Service Revenue. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)