Problem 2.1A (Algo) Analyzing the effects of transactions equation. LO 2-1, 2-2, 2-3 On July 1, Alfred Herron established Herron Commercial Appraisal Service commercial appraisals and represents clients in commercial appraisal hea TRANSACTIONS 1. The owner invested $95,500 in cash to begin the business. 2. Paid $19,450 in cash for the purchase of equipment. 3. Purchased additional equipment for $13,800 on credit. 4. Paid $11,500 in cash to creditors. 5. The owner made an additional investment of $28,500 in cash. 6. Performed services for $7,900 in cash. 7. Performed services for $5,700 on account. 8. Paid $3,700 for rent expense. 9. Received $3,200 in cash from credit clients. 10. Paid $6,160 in cash for office supplies. 11. The owner withdrew $8,700 in cash for personal expenses. Analyze ? . The owner withdrew $8,700 in cash for personal expenses. ecord in equation form the changes that occur in assets, liabilities, and owner's equ ansactions. nalyze: /hat is the ending balance of cash after all transactions have been recorded? Complete this question by entering your answers in the tabs below. What is the ending balance of cash after all transactions have been recorded