Is the first part correct?

I'm also stuck on the second part.

Address You, a fancy dress manufacturer, sold a dress for $8,000 on credit. The cost of producing this dress was $1,000. First, how would the revenue and receivable from this transaction impact the accounting equation of Address You? Please enter the amounts in the boxes below. INCREASE INCREASE INCREASE 1 $ 8000 T $ 8000 ASSETS LIABILITIES OWNERS' EQUITY DECREASE DECREASE DECREASE 1 $ 1000 $ 1000 At the same time, how will the related expense from this transaction impact the accounting equation of Address You? INCREASE INCREASE INCREASE $ 1 $ $ $ ASSETS LIABILITIES + OWNERS' EQUITY II DECREASE DECREASE DECREASE $ $ $