Your answer is partially correct. Try again. Sunland Company entered into these transactions during May 2017, its first month of operations . Stockholders invested $38,000 in the business in exchange 2. Purchased computers for office use for $34,000 from Ladd on account for common stock of the company Paid $2,200 cash for May rent on storage space 4 Performed computer services worth $19,500 on account Performed computer services for Wharton Construction Company for $6,400 cash. 6. Paid Westerm States Power Co. $8.200 cash for energy usage in May. 7. Paid Ladd for the computers purchased in (2). 8 Incurred advertising expense for May of $3,300 on account 9. Received $12,700 cash from customers for contracts biled in (4). Using the following tabular anaiysis tem that was reduced. See illustration 3-3 for example.) o accounting equation. Put explanations for changes to Stockholders' Equity in the far right o negative sign (or parentheses) in front of the amount entered for the particularA Liabilities Stockholders Equity Cash + Accounts Receivable + Equipment Accounts Payable + Common Stock + Revenues Expenses Service Revenue g Study 5 8 9 2 tion command command option