Question 3 of 4 < > View Policies Current Attempt in Progress Cullumber Company had the following selected transactions. 1. Kim Leppard invested $5,003 cash in the business in exchange for common stock. 2. Paid office rent of $950. 3. Performed consulting services and billed a client $4,702. 4. Declared and paid a $600 cash dividend. (a) -/1 III E Indicate the effect each transaction has on the accounting equation (Assets Liabilities + Stockholders' Equity), using plus and minus signs. Assets = Liabilities + Stockholders' Equity 1. 2. 3. 4.