Analyzing Transactions Using the Accounting Equation Dynamic Corporation completed the following transactions during the month of March 2020. Indicate the effects on the accounting equation for each of the 10 transactions. Provide your answer in the format provided. Note: Use a negative sign with your answers to indicate a decrease. Note: Select "N/A" as your answer if a part of the accounting equation is not affected. 1. Issued 30,000 shares of its own common stock for $300,000 cash. Assets Cash $ Liabilities N/A 300,000 = $ Stockholders' Equity Common stock 0+ $ 300,000 2. Borrowed $150,000 cash in return for a 9%, one-year note payable. Assets Liabilities Cash $ = Note payable 150,000 = $ Stockholders' Equity N/A 150,000+ $ 3. Purchased equipment at a net cash cost of $150,000 with cash. 0 Assets Liabilities Stockholders' Equity Equipment Cash N/A $ 150,000 = $ 150,000 + $ 0 Cash Accounts payable N/A (150,000) = $ (150,000) + $ 0