E$-$F:$1-42.$ Using the accounting equation for transaction analysis and calculating return on assets $($Learning Objectives $4,6)$Healthy Nutrition Coaching currently has a return on assets of $10\%.$ Indicate the effects of the following business transactions on Healthy Nutrition Coaching$$s return on assets. Consider each transaction independently of the others. Identify if the return on assets increases, decreases, or does not change. Explain your answer. Transaction $($a$)$ is answered as a guide. Purchased office furniture on account, $$300.$Answer: Decreases. The increase in assets $($office furniture$)$ increases the denominator in the equation and therefore decreases the ratio.Earned service revenue on account, $$2,800.$Paid $$100$ cash to purchase supplies.Received cash of $$10,000$ from issuance of common stock.Paid cash on account, $$100.$Received cash on account, $$400.$