Required: For each activity, indicate the impact on the accounting equation. After doing all the transactions, ensure that the accounting equation remains in balance. The first item is provided as an example. (Decreases to account classifications should be entered as a negative.) Assets Transaction Purchase equipment for cash. $20,000 Liabilities Stockholders Equity 20000 2 Pay cash for employees' salaries in the current period, $17,200 3 Purchase office supplies on account, $3,750. 4 Provide services to customers on account. $12,300 5 Pay cash dividends to stockholders, $2,500. For each activity, Indicate the impact on the accounting equation. After doing all the transactions, ensure that the accounting equation remains in balance. The first item is provided as an example. (Decreases to account classifications should be entered as a negative) Assets Liabilities Stockholders Equity Transaction 1 Purchase equipment for cash, $20,000 20000 2 Pay cash for employees' salaries in the current period, $17,200. 3 Purchase office supplies on account, $3,750. 4 Provide services to customers on account, $12.300 5 Pay cash dividends to stockholders, $2,500