Use the balance sheet equation format to enter these transactions into the books of Essex Company. Enter the transactions into the equation one transaction at a time, beginning with "a". Enter transaction "d" in two parts: d.1. to the sale and d.2. to record the cost of the inventory sold. Collections of accounts receivable, $92,000. Payment of accounts payable, $30,000. Acquisition of inventory, $25,000, on open account. Sale of merchandise, $33,000 on open account and $35,000 for cash. The sold merchandise cost Essex Company $27,000 of $1,4000 in June Declared and paid cash dividends of $26,000