Transaction Analysis and Financial Statements Just Rolling Along Inc. was organized on May 1 by two college students who recognized an opportunity to make money while spending their days at a beach along Lake Michigan. The two entrepreneurs plan to rent bicycles and in-line skates to weekend visitors to the lakefront. The following transactions occurred during the first month of operations: May 1: May 1: May 5: May 9: Received contribution of $10,000 from each of the two principal owners of the new business in exchange for shares of stock.. Purchased ten bicycles for $260 each on an open account. The company has 30 days to pay for the bicycles. Registered as a vendor with the city and paid the $25 monthly fee. Purchased 20 pairs of in-line skates at $125 per pair, 20 helmets at $50 each, and 20 sets of protective gear (knee and elbow pads and wrist guards) at $45 per set for cash. May 10: Purchased $110 in miscellaneous supplies on account. The company has 30 days to pay for the supplies. May 15: Paid $160 bill from local radio station for advertising for the last two weeks of May. May 17: Customers rented in-line skates and bicycles for cash of $2,100. May 24: Billed the local park district $1,400 for in-line skating lessons provided to neighborhood children. The park district is to pay one-half of the bill within five working days and the rest within 30 days May 29: May 30: Received 50% of the amount billed to the park district. Customers rented in-line skates and bicycles for cash of $2,600. May 30: Paid wages of $180 to a friend who helped over the weekend. May 31: Paid the balance due on the bicycles. Required: 1. Complete the table below to summarize the preceding transactions as they affect the accounting equation. Enter transactions in the same order as presented above. If an account is unaffected by a transaction, enter "0". Use the minus sign to indicate decreases..