The following transactions occurred during a recent year: a. Paid wages of $1,150 for the current period (example). b. Borrowed $5,750 cash from local bank using a short-term note. c. Purchased $2,300 of equipment on credit. d. Earned $460 of sales revenue: collected cash. e. Received $920 of utilities services, on credit. f. Earned $1,950 of service revenue, on credit. g Paid $345 cash on account to a supplier. h. Incurred $80 of travel expenses: paid cash. i. Earned $460 of service revenue: collected half in cash, with balance on credit. j. Collected $120 cash from customers on account. k. Incurred $340 of advertising costs: paid half in cash, with balance on credit. Required: For each of the transactions, complete the table below, indicating the account, amount, and direction of the effect (+ for increase and - for decrease) of each transaction under the accrual basis. Include revenues and expenses as subcategories of stockholders' equity, as shown for the first transaction, which is provided as an example. Also, determine the company's preliminary net income. (Enter any decreases to account balances with a minus sign.)