The following transactions occurred during March 2018 for the Wainwright Corporation. The company owns and operates a wholesale warehouse.

Issued 56,000 shares of common stock in exchange for $560,000 in cash.
Purchased equipment at a cost of $92,000. $23,000 cash was paid and a note payable was signed for the balance owed.
Purchased inventory on account at a cost of $170,000. The company uses the perpetual inventory system.
Credit sales for the month totaled $250,000. The cost of the goods sold was $150,000.
Paid $7,500 in rent on the warehouse building for the month of March.
Paid $7,750 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2018.
Paid $150,000 on account for the merchandise purchased in 3.
Collected $112,500 from customers on account.
Recorded depreciation expense of $2,300 for the month on the equipment.

Required:
Analyze each transaction and show the effect of each on the accounting equation for a corporation. (Amounts to be deducted should be indicated by a minus sign. Enter the net change on the accounting equation.)