On April 1, Larkspur, Inc. was established. These transactions were completed during the month. 1. Stockholders invested $29,600 cash in the company in exchange for common stock. 2. Paid $690 cash for April office rent. 3. Purchased office equipment for $2,980 cash. 4. Purchased $110 of advertising in the Chicago Tribune, on account. 5. Paid $430 cash for office supplies. 6. Performed services worth $11,100. Cash of $3,700 is received from customers, and the balance of $7,400 is billed to customers on account. 7. Paid $290 cash dividends. 8. Paid Chicago Tribune amount due in transaction (4). 9. Paid employees' salaries $1,410. 10. Received $7,400 in cash from customers billed previously in transaction (6). Prepare a tabular analysis of the above transactions. Include margin explanations for any changes in Retained Earnings. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example.) Stockholders' Equity tock + Retained Earnings Revenues Expenses Dividends 29600 Advertising Expense 690 Salaries and Wages Expense 4 Salaries and Wages Expense 110 Salaries and Wages Expense Salaries and Wages Expense 11100 Service Revenue 290 Dividends Advertising Expense 1410 Salaries and Wages Expense 4 Salaries and Wages Expense 4 29600 11100