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During 2022, its first year of operations as a delivery service, Windsor Corp. entered into the following transactions. 1. 2 3. 4. 5. Issued shares of common stock to investors in exchange for $130,000 in cash. Borrowed $58,500 by issuing a note. Purchased delivery trucks for $78,000 cash. Performed services for customers for $20,800 cash. Purchased supplies for $6,110 on account. Paid rent of $6,760 Performed services on account for $13,000. Pald salaries of $36,400 Paid a dividend of $14.300 to shareholders. 6 7. 8. 9. Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to revenues or expenses in the right hand margin (If a transaction results in a decrease in Assets, Llabilities or Stockholders' Equity place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced) Assets Cash Accounts Receivable Supplies Egi Assets Cash Accounts Receivable Supplies Eqi (1) 130000 $ $ (2) 58500 (3) 78000) (4) 20800 (5) 6110 (6) 6760 (7) 13000 18) 36400 (9) 14300 738-40 $ 13000 6110 Liabilities Equipment Accounts Payable + Notes Payable Common Sti $ 58500 78000 DIA i 6110 i $ 78000 6110 $ 58500 $ Stockholders' Equity Retained Earnings Common Stock Revenues Expenses Dividen 130000 $ 20800 6760 13000 36400 130000 33000 43160 $ Retained Earnings evenues Expenses Dividends i 20800 Service Revenue 6760 1 Rent Expense 13000 Service Revenue 36400 i Salaries and Wages Expense 111300 33800 $ 43160 14300