On April 1, Marin Inc. was established. These transactions were completed during the month. 1. 2. 3. 5. 6. Stockholders invested $30,000 cash in the company in exchange for common stock. Paid $650 cash for April office rent. Purchased office equipment for $3,100 cash. Purchased $360 of advertising in the Chicago Trbune, on account. Paid $490 cash for office supplies. Performed services worth $12,100. Cash of $3,700 is received from customers, and the balance of $8,400 is billed to customers on account. Paid $550 cash dividends. Paid Chicago Tribune amount due in transaction (4). Paid employees' salaries $1,140. Received $8,400 in cash from customers billed previously in transaction (6). ). 7. 8. 9. 10. Prepare a tabular analysis of the above transactions. Include margin explanations for any changes in Retained Earnings. Of a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) In front of the amount entered for the particular Asset Liability or Equity Item that was reduced. See Illustration 3-4 for example.) (b) From an analysis of the Retained Earnings columns, compute the net income or net loss for April. (Enter negative amounts using elther a negative sign preceding the number eg.-45 or parentheses eg. (45)) Net Income /(Loss) for April $