Current Attempt in Progress During 2022, Ivanhoe Company entered into the following transactions. Purchased equipment for $297,550 cash 1. Issued common stock to investors for $138,090 cash. 2. Purchased inventory of $72,350 on account. 3. Using the following tabular analysis, show the effect of each transaction on the accounting equation. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example.) Stockholders' Equity Assets Liabilities =Accounts Payable Common Stock Cash Inventory +Equipment Retained Earnings (1) $ $ (2 (3)