Please answer questions E1-6, E1-7, E1-8 with detailed explanation, please follow AASB standards (Australian Accounting Standards), thank you

E1-6 USING THE ACCOUNTING EQUATION [5 MIN] (LO 2 ) During 2021, Peaceful River Spa reported revenue of $40000. Total expenses for the year were \$35 000. Peaceful River Spa ended the year with total assets of $23 000, and it owed debts totalling $9000. At year-end 2020, the business reported total assets of $18000 and total liabilities of $9000. Requirements 1. Calculate Peaceful River Spa's profit for 2021. 2. Did Peaceful River Spa's owner's equity increase or decrease during 2021? By how much? E1-7 USING THE ACCOUNTING EQUATION [5 MIN] (LO 2 The records of Meehan Company show the following at 30 June 2021: Requirements 1. Calculate the missing amount for Meehan Company. You will need to work through owner's equity. 2. Did Meehan earn a profit or suffer a loss for the year? Calculate the amount. E1-8 USING THE ACCOUNTING EQUATION TO ANALYSE TRANSACTIONS [5 MIN] (LO 3 ) As the manager of a restaurant, you must deal with a variety of business transactions. Give an example of a transaction that has each of the following effects on the accounting equation: a. Increase one asset and decrease another asset. b. Decrease an asset and decrease equity. c. Decrease an asset and decrease a liability. d. Increase an asset and increase equity. e. Increase an asset and increase a liability