The Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory on account for $160,000 (assume Marchetti uses a perpetual inventory system); (2) paid $43.000 in salaries to employees for work performed during the month: (3) sold merchandise that cost $126,000 to credit customers for $215,000: (4) collected $195.000 in cash from credit customers; and (5) paid suppliers of inventory $140,000. 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.) Assets 160,000 1,000 Liabilities $ 43,000 Paid-in capital 140,000 Retained Earnings 195,000 $ (2) (3)