Prepare all journal entries necessary to record the strategic decisions of the business

and describe how this transaction impacts the company's Accounting Equation. Then

prepare an adjusted Balance Sheet for the company immediately following the transaction as well as a

year over year trend for future revenues, expenses, and net incomes for the following two years.

These are the Strategic Decisions that were made $by$ the company $to$ use $as$ reference:

Pay an independent contractor $$6,000$ to build$/$update your company$$s website $($The amount

billed by the contractor will be classified as an asset first

Get a $$50,000$ loan from potential creditor B with $$50,000$ due in $4$ years and $$2,000$ in interest

payments due each year until the loan is fully paid.

Sell $10\%$ of the business to potential investor B for a valuation of $$12,000.$