Required: For each activity, indicate the impact on the accounting equation. After doing so for all transactions, ensure that the accounting equation remains in balance. The first item is provided as an example. (Decreases to account classificati should be entered as a negative.) Assets Liabilities Stockholders Equity $ 1.710 $ 1,710 $ 0 Transaction 1. Provide services to customers on account, $1,710. 2. Pay $340 for current month's rent. 3. Hire a new employee, who will be paid $610 at the end of each month. 4. Pay $120 for advertising aired in the current period, 5. Purchase office supplies for $340 cash. 6. Receive cash of $1.110 from customers in (1) above. 7. Obtain a loan from the bank for $8,100. 8. Receive a bill of $490 for utility costs in the current period. 9. Issue common stock for $11,100 cash. 10. Pay $610 to employee in (3) above. Totals