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Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations a. Lita Lopez invested $64.000 cash and equipment valued at $35,000 in the company in exchange for its common stock b. The company purchased a buliding for $42,000 cash c. The company purchased equipment for $5,400 cash d. The company purchased $3,900 of supplies and $1,900 of equipment on credit. e. The company paid $980 cash for advertising expenses. 1. The company completed a financial plan for a client and billed that client $4,100 for the service. 9. The company designed a financial plan for another client and immediately collected a $8,300 cash fee. h. The company paid $1,000 cash in dividends to the owner (sole shareholder). L. The company received $3,100 cash as partial payment from the client described in transaction J. The company made a partial payment of $950 cash on the equipment purchased in transaction k. The company paid $1,800 cash for the secretary's wages for this period, Required: 1. Enter the amount of each transaction on individual items of the accounting equation 2. Determine the company's net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Enter the amount of each transaction on individual items of the accounting equation. (Reductions in account balance should be indicated with a minus Equit Assets Liabilities Accounts Payable 4 Accounts Receivable Supplies Dividends Cash Equipment Building Common Stock Homework Assignment Check my work Enter the amount of each transaction on Individual items of the accounting equation (Reductions in account balance should be indicated with a minusion] Equity Liabilities Accounts Payable Common Stock Dividends Revenues + Deilding Accounts Receivable Equipment Cash Supplies . + - Balance after and be + C . Balance for d Balaceaed . net Balance here - Balance Short O Balance were - - . . . Balance her - . - -- Balance . . . Balance . Balance Required 2 > Print Required: 1. Enter the amount of each transaction on individual items of the accounting equation. 2. Determine the company's net income. Herences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the company's net income. Not income