Margaret Moore started her own consulting firm, Carla Vista Consulting, on May 1, 2020. The following transactions occurred during the month of May.

May 1		Trixie invested $7,600 cash in the business.
2		Paid $950 for office rent for the month.
3		Purchased $600 of supplies on account.
5		Paid $160 to advertise in the County News.
9		Received $4,500 cash for services performed.
12		Withdrew $1,200 cash for personal use.
15		Performed $5,600 of services on account.
17		Paid $2,000 for employee salaries.
20		Made a partial payment of $400 for the supplies purchased on account on May 3.
23		Received a cash payment of $3,600 for services performed on account on May 15.
26		Borrowed $5,500 from the bank on a note payable.
29		Purchased equipment for $4,000 on account.
30		Paid $350 for utilities.

Show the effects of the previous transactions on the accounting equation. (If a transaction results in a decrease in Assets, Liabilities or Owners Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-8 for example.)