Ostend entered into the following transactions during January a. Borrowed $200,000 from First Street Banking note payable bi Purchased $25,000 of equipment for cash E Paid $2.500 to landlord for rent for anuary d. Performed services for customers on account, 510,000 e. Collected $3,000 from customers for services performed in Transaction d. 1. Paid salaries of $7.500 for the current month o. Declared and paid $1,100 dividend to stockholders harchased $2,000 of supplies on Credit Required: Show the effect of each transaction using the following model. If an amount box does not require an entry leave it bank er der in account vive umbes the effect of a transaction is to increase AND decrease the same item, entero since the effect on the camera Stockholders' Equity Contributed Retained Assets Liabilities Capital . Earnings + 2. b. d. . 1 9 h