Refer to the transactions pertaining to Bayshore Radiology Center pre-sented in this chapter. Restate the impact of the transactions on Bay- shore's balance sheet using these data:

a. Transaction 2: The $200,000 equipment purchase is made with long- term borrowings instead of cash.

b. Transaction 3: The $20,000 in supplies are purchased with cash in- stead of on trade credit.

c. Transaction 4: The $50,000 in services provided are immediately paid for by patients instead of billed to third-party payers.