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The expanded accounting equation shows the four subsets of equity: Revenues, Expenses, stockholder investments and dividends. Using the dropdown buttons, indicate the impact each

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The expanded accounting equation shows the four subsets of equity: Revenues, Expenses, stockholder investments and dividends. Using the dropdown buttons, indicate the impact each transaction has on total equity (if any). Compare the total with the amount of equity reported on the balance sheet. Transaction June 1 Carolyn Collins, the owner, invested $148,000 cash, office equipment with a value of $17,000, and $84,000 of drafting equipment to launch the company in exchange for common stock. June 2 The company purchased land worth $61,000 for an office by paying $23,100 cash and signing a long-term note payable for $37,900. June 3 The company purchased a portable building with $43,000 cash and moved it onto the land acquired on June 2. June 4 The company paid $10,200 cash for the premium on an 18-month insurance policy. June 5 The company completed and delivered a set of plans for a client and collected $15,800 cash. June 6 The company purchased $34,400 of additional drafting equipment by paying $21,500 cash and signing a long-term note payable for $12,900. June 7 The company completed $33,200 of engineering services for a client. This amount is to be received in 30 days. June 8 The company purchased $2,350 of additional office equipment on credit. June 9 The company completed engineering services for $26,800 on credit. June 10 The company received a bill for rent of equipment that was used on a recently completed job. The $2,500 rent cost must be paid within 30 days. June 12 The company collected $16,600 cash in partial payment from the client billed on June 9. June 14 The company paid $1,200 cash for wages to a drafting assistant. June 17 The company paid $2,350 cash to settle the account payable created in on June 8. June 20 The company paid $1,525 cash for minor maintenance of its drafting equipment. June 23 The company paid $9,960 cash in dividends. June 28 The company paid $1,200 cash for wages to a drafting assistant. June 29 The company paid $3,460 cash for advertisements on the web during June. Total change in equity Impact on Equity $ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $ 0 < Balance Sheet Impact on Equity

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