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Wildhorse Co$.$ entered into these transactions during May $2022,$ its first month of operations.

Stockholders invested $$33,000$ in the business in exchange for common stock of the company.

Purchased computers for office use for $$26,900$ from Ladd on account.

Paid $$3,100$ cash for May rent on storage space.

Performed computer services worth $$15,300$ on account.

Performed computer services for Wharton Construction Company for $$3,500$ cash.

Paid Western States Power Co$.$ $$8,700$ cash for energy usage in May.

Paid Ladd for the computers purchased in $(2).$

Incurred advertising expense for May of $$3,400$ on account.

Received $$11,100$ cash from customers for contracts billed in $(4).$

Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to

revenues or expenses in the far right column. $($If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative

sign $($or parentheses$)$ in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration $3-4$ for

example.$)$