Question 8 (50 points] Global Filter Corp. began operations on February 1, 2014. The transactions for the first month follow. a. Global Filter Corp. issued shares to shareholders for $50,000. b. A client rented equipment for $600 cash. c. Global Filter Corp. performed consulting services for a customer and received $7,000. d. Global Filter Corp. bought supplies on credit for $100. e. Global Filter Corp. paid $250 for this month's water utilities bill received today. f. A client rented equipment for $1,600 cash. g. The $1,750 bill for the advertising campaign that ran last week was received today. It will be paid within 30 days. h. Provided consulting services to a customer and collected $200. i. Global Filter Corp. received a bill today for this month's electrical utilities: $450. It will be paid within 30 days. j. Global Filter Corp. paid dividends of $1,600 to the shareholders. Fill out the following table, according to the transactions above. Select the headings for each column by clicking on the a elements of the equation. Show new totals after each transaction. Also indicate next to each change in the equity (in the revenue, an expense or payment of dividends. Identify revenues and expenses by name. In addition to this, prepare an income statement, a statement of changes in equity and a balance sheet for the month enc a) Complete the following accounting equation table: Assets = Liabilities Equity Explanation +Share Capital+Retained Earnings Type here to search -ilter Corp. issued shares to shareholders for $50,000. rented equipment for $600 cash. Filter Corp. performed consulting services for a customer and received $7,000. Filter Corp. bought supplies on credit for $100. Filter Corp. paid $250 for this month's water utilities bill received today. rented equipment for $1,600 cash. 750 l