Required information [The following information applies to the questions displayed below) The following events occurred soon after Pat Hopkins established Ona Cloud Corporation (OCC) as a provider of cloud computing services a. On September 1, Pat contributed $15,000 for 1,500 shares of OCC. b. On September 8, OCC borrowed $22,500 from a bank, promising to repay the bank in two years. c. On September 10, OCC wrote a check for $19,000 to acquire computer equipment d. On September 15, OCC received $2,050 of supplies purchased on account e. On September 16, OCC paid $2,800 for September rent Through September 22, OCC provided its customers $8,350 of services, of which OCC collected $6,250 In cash g. On September 28, OCC paid $595 for Internet and phone service this month. h. On September 29, OCC paid wages of $3,000 for the month. 1. On September 30, OCC submitted its electricity meter reading online and determined that the total charges for the month will be $490. This amount will be paid on October 14 through a preauthorized online payment. Required: 1. Indicate the accounting equation effects of the September events, using table below. (Enter any decreases to Assets, Liabilities, and Stockholder's Equity with a minus sign) Assets Stockholders' Equity b d + 2. Prepare journal entries to record the September events described above. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 Record Pat's contribution of $15,000 for 1,500 shares of OCC. Note: Enter debits before credits, Transaction General Journal Debit Credit Record entry Clear entry View general Journal 3-a. Using your answer to part 1 or 2, calculate OCC's preliminary net income for September 3-b. Is OCC profitable, based on its preliminary net income