Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations. a. Lita Lopez invested $65,000 cash and office equipment valued at $38,000 in the company in exchange for its common stock b. The company purchased an office suite for $40,000 cash C. The company purchased office equipment for $5,900 cash d. The company purchased $3,500 of office supplies and $1,600 of office equipment on credit e. The company paid a local newspaper $800 cash for printing an announcement of the office's opening. f. The company completed a financial plan for a client and billed that client $4,700 for the service. 9. The company designed a financial plan for another client and immediately collected a $8,900 cash fee. h. The company paid $900 cash in dividends to the owner (sole shareholder). 1. The company received $3,700 cash as partial payment from the client described in transaction 1. The company made a partial payment of $800 cash on the equipment purchased in transaction d. k. The company paid $1,500 cash for the office secretary's wages for this period. Equity Accounts Receivable Assets Office Supplies Liabilities Accounts Payable Office Equipment Cash + Common Stock OfficeSuite Dividends Revenues Expenses b - . C + + Bal + d + Bal e - - + Bal . Bal . + 9 . ! BA Bal Bal + + + .. Bal