Ming Chen started a business and had the following transactions in June. a. Owner invested $60,000 cash in the company along with $15,000 of equipment in exchange for its common stock, b. The company paid $1.500 cash for rent of office space for the month. c. The company purchased $10,000 of additional equipment on credit (payment due within 30 days) d. The company completed work for a client and immediately collected $2,500 cash. e. The company completed work for a client and sent a bill for $8,000 to be received within 30 days. 1. The company purchased additional equipment for $6,000 cash. 9. The company paid an assistant $3,000 cash as wages for the month. h. The company collected $5,000 cash as a partial payment for the amount owed by the client in transaction e. 1. The company paid $10,000 cash to settle the liability created in transaction 3. The company paid $1.000 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. (Enter decreases to account balances with a minus sign.) Assets Liabilities + Equity Cash + Accounts Recolvable . Equipment = Accounts Payable + Common Stock Dividends Revenues Expenses + 1 + a b + + + + + Balance after a and b 0 + 0 + 0 0 0 0 + 0 ++++ C. + + 0 + 0 + 0 = 0 0 0 0 0 - + + Balance after d. Balance after d + 0 + 0 0 + 0 0+ 0 0 0 + . + 0 0 + + 0 0 0 0 + 0 0 = + Balance after o f. Balance after t 111 + = + . 0 0 0 + 0 0 0 0 + 0+ + + + 0 0 0 0 0 + 0 + 0 0+ + III + 9 Balance after h Balance after L. Balance after i 0 0 0+ 0 0 . + 0 0 + . + = 0 1 0 0 0 0 O 0+ - 0 - + + II 0 $ $ $ 0. 5 0 - 0 0 $ $ 0 + 0 - $ $ + 0 + Balance after