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Required information

$[$The following information applies to the questions displayed below.$]$

Maggie Stern started a consulting business, Stern Consulting, on January $1,$ Year $1.$ The following events occurred in Year $1$:

Acquired $$15,000$ cash by issuing common stock

Provided services on account, $$33,500$

Paid cash for $$18,300$ in operating expenses

Collected $$17,000$ of the revenue that was previously recorded on account

Paid a cash dividend of $$7,400$ to the stockholders

Required:

a$)$ Show the effects of the above transactions on the accounting equation.

Note: Negative amounts should be entered with a minus sign. Not all cells require input. Leave cells blank if there is no corresponding input needed.

$\backslash$table$[[$Event$,$Assets,$=,$Liabilities,$+,\backslash$table$[[$Stockholders$],[$Equity$]]],[1$