Prepare a table to summarize the following transactions as they affect the accounting equation. Use the format in Exhibit 3-1. Services provided on account of $1,530 Purchases of supplies on account for $1,365 Services provided for cash of $750 Purchase of equipment for cash of $4,240 Issuance of a promissory note for $2,500 Collections on account for $890 Sale of capital stock in exchange for a parcel of land: the land is appraised at $50,000 Payment of $4,000 in salaries and wages Payment of open account in the amount of $500