Please prepare a Balance sheet with the below information:(attached Image)

Question 3: The following are independent transactions. Indicate the effects of each of the following transaction on the balance sheet equation (A=L+E). Tally the Balance Sheet totals at the end. (15 marks) (1) A rm issues 3,000 shares of $10par value common stock at par for cash. (2) It purchases merchandise costing $18,900 on account. (3) The rm acquires store equipment costing $12,700. It issues a check for $2,000, with the balance payable over three years under an instalment contract. (4) The firm issues a check for $1,800 covering two months' rent in advance. (5) Refer to transaction (3). The rm issues common stock with a market value of $10,700 in full settlement of the instalment contract. (6) The fn'm pays the merchandise supplier in transaction (2) the amount due. (7) The rm purchased a Machinery for $ 35,000 by issuing bonds for $ 27,500 and paid remaining in cash