Acct 1A Chapter 1 Exercise YOU MUST SUBMIT ONE FILE IN CANVAS WITH A FILE EXTENSION OF DOC, XLS, OR PDF. YOU CAN'T SUBMIT A LINK TO A GOOGLE DOC. SHEET, ETC. IF YOU DID YOUR WORK IN A GOOGLE DOC/SHEET, SAVE IT TO A WORD DOC, EXCEL SHEET, OR PDF AND UPLOAD IT INTO CANVAS. Isabella's Interior Design is a proprietorship owned and operated by Isabella Martinez. On April 1, 20Y4. the company has the following assets and liabilities: Accounts Payable $ 6,000 Isabella Martinez, Capital ? Accounts Receivable 14.000 Supplies 3.000 Cash 21,000 April business transactions were as follows: a. Isabella Martinez deposited $10,000 in a bank account held by Isabella's Interior Design. b. Billed customers for design services on account, $11,000. c. Purchased supplies on account, $2,000. . Received invoice for legal services for April (to be paid in May), $7,000. Paid the following: utilities, $1,000 and miscellaneous expense, $4,000. f. Received cash from customers on account, $9,000. Instructions 1. Show the calculation of the amount of owner's equity (Isabella Martinez's capital) as of April 1, 20Y4. 2. State the assets, liabilities, and owner's equity as of April 1, 20Y4 in accounting equation form (refer to Chapter 1 or the worked example in the Chapter 1 Accounting Equation Voice Over). 3. In tabular form below the equation, indicate the increases and decreases resulting from each April transaction and the new balances after each transaction. To ensure use of the proper form, refer to Chapter 1 or the worked example in the Chapter 1 Accounting Equation Voice Over