During $2027,$ its first year of operations as a delivery service, Marin Corp. entered into the following transactions.

Issued shares of common stock to investors in exchange for $$106,000$ in cash.

Borrowed $$47,700$ by issuing a note.

Purchased delivery trucks for $$63,600$ cash.

Performed services for customers for $$16,960$ cash.

Purchased supplies for $$4,982$ on account.

Paid rent of $$5,512.$

Performed services on account for $$10,600.$

Paid salaries of $$29,680.$

Paid a dividend of $$11,660$ to shareholders.

Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for revenues or expenses in the right$-$hand margin.

Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses.

Increases in expenses require a negative sign or parentheses.