Required information [The following information apples to the questions displayed below) Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscnption of $13. At the start of January 2021. VGC's Income statement accounts had zero balances and its balance sheet account balances were as follows. Cash 5.2.000.ee Accounts Receivable 107.000 Supplies 23. Lupent 385.000 163,eee Land 1,560, Accounts Payable 130,00 Deferred Revenge 88, ea Notes Payable (do 2025) Como Stock 2,300, Hindari 2.633.900 In addition to the above accounts, VGC's chart of accounts includes the following Service Revenue, Salaries and Wages Expense Advertising Expense, and Utilities Expense. The following transactions occurred during the January month a. Received 570,000 cash from customers on 11 for subscriptions that had already been earned and charged on account in 2020 b. Purchased 10 new computer servers for $31.500 on 12. paid $16.500 cash and signed three year note for the remainder owed C Paid $16.200 for an internet advertisement run on 13 d on January 4. purchased and received $3,900 of supplies on account e Received $190,000 cash on 15 from customers for service revenue and in January On January 6, paid $3.900 cash for supplies purchased on January 4 9. On January 7, sold 19,300 subscriptions at $13 each for services provided during January Half was collected in cash and half was sold on account h. Paid $400.000 in wages to employees on 130 for work done in January 1. On January 31, received an electric and gas utility bill for $6.010 for January ulity services. The bill will be paid in February Required: 1. Analyze the effect of the January transactions on the accounting equation, and indicate the account amount and direction of the effect of each transaction (Enter any decreases to Assets, Liabilities, and Stockholder's Equity with a minus sign) Assets La Stockholders. Equity