Tucker Company shows the following transactions for the accounting period ending December 31, Year 1: 1) Issued common stock for $16,000 cash 2) Borrowed $40,000 cash from the bank 3) Performed $60,000 of services on account 4) Paid operating expenses of $8,000 in cash 5) Accrued salary expense of $20,000 6) Accrued interest expense of $500 Required: Show how the above transactions and year-end adjustments affect the accounting equation. Note: Negative amounts should be entered with a minus sign. Not all cells require input. Leave cells blank if there is no corresponding input needed. Assets Transaction Cash Accounts Receivable Salaries Payable Liabilities Interest Payable Stockholders' Equity Notes Payable + Common Retained Stock Earnings 1. 2. 3. 4. 5. 6. Totals