Question 4 [50 points] w Gulf Corp. began operations on March 1, 2014. The transactions for the first month follow. a. A shareholder paid Gulf Corp. $100,000 cash for share capital in the business. b. Gulf Corp. provided $1,500 of consulting services for a customer who will pay within 30 days. c. Gulf Corp. will pay this month's water utilities bill of $200 received today, within 30 days. d. $900 of commissions were earned and collected today by Gulf Corp. e. A client rented equipment for $1,200 cash. f. Gulf Corp. used $100 cash and $400 credit to purchase $500 of supplies. g. Gulf Corp. collected $5,000 for commissions earned today. h. Gulf Corp. paid a $1,000 bill received today for an advertising campaign that ran last week. i. Gulf Corp. paid this month's $250 electrical utilities bill received today. j. Gulf Corp. paid dividends of $1,400 to the shareholders. Fill out the following table, according to the transactions above. Select the headings for each column by clicking on the appropriate cell. Als whether it was caused by issuance of share capital (investment), a revenue, an expense or payment of dividends. Identify revenues and ex sign is required for totals). In addition to this, prepare an income statement, a statement of changes in equity and a balance sheet for the month ended March 31. a) Complete the following accounting equation table: Assets Liabilities Equity Explanation +Share Capital+Retained Earnings (a) (b) + + 3