Scenario:Foto$+$ is a new company that provides photography services, specializing in headshot pictures of children in elementary schools.The owner of Foto$+$ Company opened a business checking account and deposited cash in exchange for common stock on April $1.$Foto$+$ bills the school when a job is complete and gives the customer $15$ days to pay.The company hires two online vendors who do photo editing and processing for the business.The vendors bill Foto$+$ on account for their services and give the company $30$ days to pay.Foto$+$ incurs four expenses:$*$ photo editing and processing services$*$ car rental and gas expenditures$*$ online advertisements and purchases of small give$-$away items with its logo to promote the business.$*$ a monthly fee for administrative servicesThe Data worksheet contains a list of Foto$+\text{'}$s transactions for April, the first month of operations.The transactions are listed in chronological order. Their dates appear in column A$.$Each transaction occupies two rows and impacts either two accounting equation elements OR one accounting equation element with opposite effects.Each accounting equation element in column B is either Asset, Liability, or Stockholders' Equity.The amount of each transaction appears in column C$.$ A positive amount indicates an increase in the accounting equation element. A negative amount indicates a decrease.Required:Open spreadsheetSteps to create a pivot table:S$1.$ Select a cell in the data on the Data worksheet.S$2.$ Select Insert $/$ PivotTable. The data range will automatically be inserted. A Create PivotTable window should appeahr.S$3.$ In the window, under "Choose where you want the PivotTable report to be placed," select New Worksheet. A new worksheet should appear with the PivotTable.S$4.$ A PivotTable Field List should pop up$.$ Drag fields into rows, columns, filters, and values areas as needed. $($If this gray work box does not appear, right click in the pivot table and select "Show Field List."$)$Questions:Use the information on the Data worksheet and pivot tables, formulas, and$/$or functions to answer the following questions.Q$1.$ What is the total amount of all assets?fill in the blank $1$ of $1$$Q$2.$ What is the total amount of all liabilities?fill in the blank $1$ of $1$$Q$3.$ What is the total amount of stockholders' equity?fill in the blank $1$ of $1$$Q$4.$ What is the total amount on the right side of the accounting equation?fill in the blank $1$ of $1$$Q$5.$ What is the accounting equation?Assets $=$ Liabilities $-$ Stockholders' EquityRevenue $-$ Expenses $=$ Net IncomeAssets $=$ Liabilities $+$ Stockholders' EquityAssets $=$ Stockholders' Equity $-$ Liabilities