Wisdom Paine, a qualified dentist, decided to set up his own practice Paine-free Dentistry. The following are transactions for March 2020, the first month of business activities. Required: 1.1 Process Paine-free Dentistry's above transactions through a table such as the one shown below: The above example records the very first transaction on 1 March 2020 whereby the owner deposited R100 000 into the business bank account. Use + to indicate an increase; - OR brackets (00) to indicate a decrease and 0 for no effect. Show the effect on both the accounting equation and the effect on specific ledger accounts. 1 1.2 Refer to the transaction on the 3 March 2020, and calculate the amount of the instalment to be paid at the end of April 2020 to Dentoquip. (1) 1.3 State whether the "equipment" purchased from Dentoquip will be categorized as a "non-current" or "current" item. Provide a brief motivation for the choice you have made