Oriole Company decides to open a pizza parlor near the local college campus that will operate as a corporation. Analyze the following transactions for the month of June in terms of their effect on the basic accounting equation.

$(1)$ Oriole Company invests $$23,500$ cash in exchange for common stock on June $1.$

$(2)$ Purchased equipment for $$4,100$ paying $$2,500$ in cash and the remainder due in $30$ days.

$(3)$ Purchased supplies for $$1,100$ cash.

$(4)$ Received a bill from Campus News for $$200$ for advertising in the campus newspaper.

$(5)$ Cash receipts from customers for pizza sales amounted to $$1,300.$

$(6)$ Paid salaries of $$200$ to student workers.

$(7)$ Billed the Tiger Football Team $$400$ for pizzas ordered.

$(8)$ Paid $$200$ to Campus News for advertising that was previously billed in Transaction $4.$

$(9)$ Oriole Company paid dividends of $$1,150.$

$(10)$ Incurred utility expenses for the month on account, $$100.$