On July $1,2000,$ TIM, Inc. started as a business entity. A summary of transactions through December $31,2000$ is presented below.

Stockholders invested $$50,000$ in cash in Bank Boston in the name of the business.

$2.$ New computer equipment is purchased for $$6,000$ in cash. Equipment will be used for $3$ years.

$3.$ Office rent for half a year is paid in advance, $$8,000.$

$4.$ Dividends of $$500$ paid to existing shareholders.

$5.$ Paid $$10,000$ to employees for services provided.

$6.$ Paid utility bills, $$2000.$

$7.$ Provided $($and completed$)$ design services on account to customers, $$30,000.$

$8.$ Collected cash of $$2,000$ for services billed in $7.$

Required: Prepare a tabular analysis of the transactions using the Balance Sheet Equation through December $31,2000.$

Be sure to label your transactions.