Nona Curry started her own consulting firm, Metlock, Inc., on May 1, 2017. The following transactions occurred during the month of May Stockholders invested $18,450 cash in the business in exchange for common stock. 2 Paid $738 for office rent for the month. 3 May 1 5 9 12 15 17 20 23 26 29 30 Purchased $615 of supplies on account. Paid $185 to advertise in the County News Received $1,722 cash for services performed Paid $246 cash dividen Performed $5,166 of services on account. Paid $3,075 for employee salaries Paid for the supplies purchased on account on May 3 Received a cash payment of $1,476 for services performed on account on May 15 Borrowed $6,150 from the bank on a note payable Purchased office equipment for $2,460 paying $246 in cash and the balance on account. Paid $221 for utilities Show the effects of the above transactions on the accounting equation using the following format. Assume the note payable is to be repaid wit in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the parti reduced. See Illustration 3-3 for example.) METLOCK, INC. Assets Liabilities Accounts Receivable Notes Payable Accounts Payable Common + Date Cash + Supplies Equipment Stock May 1 May 2 May 3 May 5 May 9 May 12 12 15 17 20 23 26 29 30