Selected transactions for Crane Corporation during September 2018, its first month in business, are presented below: Sept. 1 Issued common shares in exchange for $18,000 cash. 2 Paid $ 1,400 cash for rent for the month of September. 5 Purchased equipment for $10,100, paying $ 2,000 in cash and the balance on account. 8 Earned $7,600 in revenue, receiving $1,000 cash and $6,600 on account of services provided. 12 Incurred $500 in advertising expense on account. 20 Paid $ 2,700 for repairs and maintenance expenses. 25 Paid $ 5,100 cash on balance owed for equipment. 27 Incurred and paid income taxes for the month amounting to $1,000 30 Declared and paid a $ 600 cash dividend. Prepare an equation ana ysis of t e Septe er transactions. Use the following format. Van amount re uces the account ba then e ter th a negat es n prece the num er es 15 oornpre t esses 15 Liabilities Shareholders' Equity Retained Earnings Accounts Receivable Cash Equipment -Accounts Payable+ +Common Shares+ Revenues Expenses -Dividends Declared Sept. 1 Sept. 2 Sept. 5 Sept. B Sept. 12 Sept. 20 Sept. 25 Sept. 27 Sept. 30