Ming Chen started a business and had the following transactions in June.

Owner invested $$60,000$ cash in the company along with $$15,000$ of equipment in exchange for its common stock.

The company paid $$1,500$ cash for rent of office space for the month.

The company purchased $$10,000$ of additional equipment on credit $($payment due within $30$ days$).$

The company completed work for a client and immediately collected $$2,500$ cash.

The company completed work for a client and sent a bill for $$8,000$ to be received within $30$ days.

The company purchased additional equipment for $$6,000$ cash.

The company paid an assistant $$3,000$ cash as wages for the month.

The company collected $$5,000$ cash as a partial payment for the amount owed by the client in transaction e$.$

The company paid $$10,000$ cash to settle the liability created in transaction c$.$

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.

Note: Enter decreases to account balances with a minus sign.