During 2017, Pina Colada Corp. entered into the following transactions.

1. Borrowed $64,300 by issuing bonds.

2. Paid $9,340 cash dividend to stockholders.

3. Received $18,400 cash from a previously billed customer for services performed.

4. Purchased supplies on account for $5,000.

Using the following tabular analysis, show the effect of each transaction on the accounting equation. For Retained Earnings, use separate columns for Revenues, Expenses, and Dividends if necessary. (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 3-3 for example.)