Lucy Lucy's Floral Arrangements, Inc. had the following transactions in the month of January: The owners invested $ 140 comma 000 $140,000 (the par value of the stock) for 20,000 shares of common stock; the company purchased furniture for the florist shop in the amount of $ 32 comma 000 $32,000, which was put on a credit account with the vendor; and the company paid employees wages of $ 16 comma 000 $16,000 in cash. What is the effect of each of these transactions on the accounting equation?