Current Attempt in Progress

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

Issued shares of common stock to investors in exchange for $$112,000$ in cash.

Borrowed $$50,400$ by issuing a note.

Purchased delivery trucks for $$67,200$ cash.

Performed services for customers for $$17,920$ cash.

Purchased supplies for $$5,264$ on account.

Paid rent of $$5,824.$

Performed services on account for $$11,200.$

Paid salaries of $$31,360.$

Paid a dividend of $$12,320$ to shareholders.

Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to 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.

Assets

$(1)$ $

$(2)$

$(3)$

$(4)$

$(5)$

$(6)$