Falske Computer Timeshare Company entered into the following transactions during May 2022.
1. Purchased computers for $20,000 from Digital Equipment on account.
2. Paid $4,000 cash for May rent on storage space.
3. Received $17,000 cash from customers for contracts billed in April.
4. Performed computer services for Viking Construction Company for $4,000 cash.
5. Paid Tri-State Power Co. $11,000 cash for energy usage in May.
6. Falske invested an additional $29,000 in the business.
7. Paid Digital Equipment for the computers purchased in (1) above.
8. Incurred advertising expense for May of $1,200 on account.

Instructions
Indicate with the appropriate letter whether each of the transactions above results in:
a. An increase in assets and a decrease in assets.
b. An increase in assets and an increase in owner’s equity.
c. An increase in assets and an increase in liabilities.