STC records the following transactions for the month of February 2019. For each of the following transactions, record the event in the below Balance Sheet Equation (BSE) template. All relevant book-keeping entries are made at the end of each month.

Part D 1.3333333333333333/8 points (graded) Feb 28: Pays $1,120 to employees for February wages. In addition, calculates employee bonuses for the month of February 2019 to be $240. These bonuses will be paid on March 2, 2019. Cash Asset + Noncash Assets = Liabilities + Contributed Capital + Retained Earnings -1360 -1360 X X X X