On July 1, Alfred Herron established Herron Commercial Appraisal Services, a firm that provides expert commercial appraisals and represents clients in commercial appraisal hearings. TRANSACTIONS 1. The owner invested $88,000 in cash to begin the business. 2. Paid $17,950 in cash for the purchase of equipment. 3. Purchased additional equipment for $16,000 on credit. 4. Paid $10,000 in cash to creditors. 5. The owner made an additional investment of $21,000 in cash. 6. Performed services for $6,400 in cash. 7. Performed services for $7,900 on account. 8. Paid $2,200 for rent expense. 9. Received $1,700 in cash from credit clients. 10. Paid $4,660 in cash for office supplies. 11. The owner withdrew $7,200 in cash for personal expenses. Record in equation form the changes that occur in assets, liabilities, and owner's equity for the above transactions. Analyze: What is the ending balance of cash after all transactions have been recorded? Complete this question by entering your answers in the tabs below.