Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations. 0. Lita Lopez invested $67 , 000 cash and equipment valued at $31 , 000 in the company in exchange for its common stock. b. The company purchased a building for $42 , 000 cash . c. The company purchased equipment for $5 , 600 cash. d . The company purchased $3 , 300 of supplies and $1 , 200 of equipment on credit. e. The company pald $880 cash for advertising expenses. f. The company completed a financial plan for a client and billed that client $4 , 500 for the service. g. The company designed a financial plan for another client and immediately collected a $8 , 100 cash fee. h. The company paid $1 , 700 cash in dividends to the owner (sole shareholder). i. The company recelved $3 , 500 cash as partial payment from the client described in transaction f . 3. The company made a partial payment of $600 cash on the equipment purchased in transaction d , k . The company paid $1 , 600 cash for the secretary's wages for this period. Required: 1. Enter the amount of each transaction on individual items of the accounting equation. 2. Determine the company's net income. Complete this question by entering your answers in the tabs below