The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates a wholesale warehouse. 1. Issued 48,000 shares of common stock in exchange for $480,000 in cash. 2. Purchased equipment at a cost of $76,000. $19,000 cash was pald and a notes payable to the seller was signed for the balance owed. 3. Purchased inventory on account at a cost of $146,000. The company uses the perpetual Inventory system. 4. Credit sales for the month totaled $210, 000 . The cost of the goods sold was $126,000. 5 . Pard $6,500 in rent on the warehouse bullding for the month of March. 6 . Paid $7,150 to an insurance company for fire and llability insurance for a one-year perlod beginning April 1, 2021. 7. Paid $126,000 on account for the merchandise purchased in 3. 8. Collected $94,500 from customers on account. 9. Recorded depreclation expense of $1,900 for the month on the equipment. Required: Analyze each transaction and show the effect of each on the accounting equation for a corporation. (Amounts to be deducted should be Indlcated by a minus sign. Enter the net change on the accounting equation.)