Ming Chen started a business and had the following transactions in June. a. Owner invested $53,000 cash in the company along with $15,000 of equipment in exchange for its common stock b. The company paid $1,600 cash for rent of office space for the month. c. The company purchased $15,000 of additional equipment on credit (payment due within 30 days). d. The company completed work for a client and immediately collected $1,700 cash e. The company completed work for a client and sent a bill for $7,400 to be received within 30 days. f. The company purchased additional equipment for $6,400 cash. g. The company paid an assistant $3,300 cash as wages for the month h. The company collected $5,300 cash as a partial payment for the amount owed by the client in transaction e The company paid $15,000 cash to settle the liability created in transaction c J. The company paid $1,300 cash in dividends to the owner (sole shareholder) Required: Complete the table using additions and subtractions to show the dollar effects of the transactions on individual items of the accounting equation. Show new balances after each transaction. Note: Enter decreases to account balances with a minus sign. Cash Assets Accounts Receivable Liabilities Equity Equipment Accounts Payable + Common Stock Dividends Revenues Expenses . + lb. Balance after a and b C Balance after c 2 + . . + + 4 . d + + Balance after d + e. Balance after e + . + + + . f + . Balance after f + + + 19 + . Balance after g h + + + . 4 + + + + Balance after hi Balance after i Balance after j + + + + = + + + + +