Show the effects of the following inventory transactions on the Accounting equation: a. b. C. Purchased inventory costing $15,000 on account. 2) Sold inventory costing $10,000 for 1) $25,000 on account. Purchased a one-year insurance policy for $1,200. Paid the amount owing for inventory from transaction (a). Collected funds outstanding from our customer from transaction (b). d. e. f. Paid $2,700 for advertising on the city's website. g. h. Issued common shares for $50,000. i. Borrowed $75,000 from our bank. Declared and paid a dividend of $1,000. (Enter amounts that decrease account balance using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). For entires in Retained Earnings select (R) for Revenues (E) for Expenses and (DD) for dividends declared.)