Required information On September 1, Shawn Dahl established Whitewater Rentals, a canoe and kayak rental business. The following transactions occurred in the month of September and affected the following accounts: Accounts Payable Shawn Dahl, Capital Cash Accounts Receivable Office Equipment Canoe and Kayak Equipment Revenue Expenses Transactions 1. Shawn Dahl invested $44,100 in cash to open the business 2. Paid $11,800 in cash for the purchase of kayak and canoe equipment 3. Paid $2,000 in cash for rent expense 4. Purchased additional kayak and canoe equipment for $4,750 on credit 5. Received $4,850 in cash for kayak rentals 6. Rented canoes and kayaks for $2,150 on account 7. Purchased office equipment for $220 in cash 8. Received $1,275 in cash from credit clients 9. Shawn Dahl withdrew $2,450 in cash for personal expenses Based on the information above, complete the following accounting equation = Liabilities Owner's Equity Assets