prepare an equation analysis of the effects of the following transactions on the accounting equation for Crane Corp. 1. Purchased supplies on account, $430. 2. Provided a service on account, $730. 3. Paid salaries expense, $530. 4. Issued common shares in exchange for cash, $6,300. 5. Declared and paid $330 of dividends to shareholders. 6. Received cash from a customer who had previously been billed for services provided, $730 (see item 2). 7. Paid account owed to supplier on account, $430 (see item 1 ). 8. Paid for insurance in advance, $330. 9. Received cash in advance from a customer for services to be performed in the future, $530. 10. Performed the service that the customer previously paid for (see item 9). Common Shares $ 6,300 S $ Revenues Expenses $ $ $ Dividends Declared