The Marchetti Soup Company entered into the following transactions during the month of June: $(1)$ purchased inventory on account for $$180,000($assume Marchetti uses a perpetual inventory system$)$; $(2)$ paid $$47,000$ in salaries to employees for work performed during the month; $(3)$ sold inventory on account to customers for $$235,000$ that had a cost of $$134,000$; $(4)$ collected $$215,000$ in cash from credit customers; and $(5)$ paid on account to suppliers of inventory $$160,000.$

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.

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