The Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory on account for $200,000 (assume Marchetti uses a perpetual inventory system); (2) paid $51,000 in salaries to employees for work performed during the month; (3) sold merchandise that cost $142,000 to credit customers for $255,000; (4) collected $235,000 in cash from credit customers; and (5) paid suppliers of inventory $180,000. Analyze each transaction and show the effect of each on the accounting equation for a corporation. (Amounts to be deducted should be indicated by a minus sign. Enter the net change on the accounting equation.)

\begin{tabular}{|l|l|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Assets } & = Liabilities & + & Paid-in capital & + & Retained Earnings \\ \hline(1) & & & & \\ \hline(2) & & & & \\ \hline(3) & & & & \\ \hline(4) & & & & \\ \hline(5) & & & & \\ \hline \end{tabular}