Rochester Construction begins operations in March and has the following transactions. March 1 Issue common stock for $11,. March 5 obtain $7,000 loan from the bank by signing a note. March 10 Purchase construction equipment for $15,000 cash. March 15 Purchase advertising for the current month for $1,200 cash. March 22 Provide construction services for $16,000 on account. March 27 Receive $11,000 cash on account from March 22 services. March 28 Pay salaries for the current month of $4,000. Required: Analyze each transaction and show the effects of each on the accounting equation. Note: Decreases to account classifications should be indicated by a minus sign