The Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory on account for $245,000 (assume Marchetti uses a perpetual inventory system): (2) paid $60,000 in salarles to employees for work performed during the month; (3) sold inventory on account to customers for $300,000 that had a cost of $160,000;(4) collected $280,000 in cash from credit customers; and (5) paid on account to suppllers of inventory $225,000. Analyze each transaction and show the effect of each on the accounting equation for a corporation. Note: Amounts to be deducted should be indicated by a minus sign. Enter the net change on the accounting equation