Refer to AP3-4.

Data from in AP3-4

Alpine Stables, Inc., is established in Denver, Colorado, on April 1, 2023, to provide stables, animal care, and grounds for riding and showing horses. You have been hired as the new assistant controller. The following transactions for April 2023 are provided for your review.
a. Received contributions of $60,000 in cash from five investors ($12,000 each), a barn valued at $100,000, land valued at $90,000, and supplies valued at $12,000. Each investor received 3,000 shares of stock with a par value of $0.01 per share.
b. Built a small barn for $62,000. The company paid half the amount in cash on April 1, 2023, and signed a three-year note payable for the balance.
c. Provided $35,260 in animal care services for customers, all on credit.
d. Rented stables to customers who cared for their own animals; received cash of $13,200.
e. Received from a customer $2,400 to board her horse in May, June, and July (record as unearned revenue).
f. Purchased hay and feed supplies on account for $3,810 to be used in the summer.
g. Paid $1,240 in cash for water utilities incurred in the month.
h. Paid $2,700 on accounts payable for previous purchases.
i. Received $10,000 from customers on accounts receivable.
j. Paid $6,000 in wages to employees who worked during the month.
k. At the end of the month, purchased a two-year insurance policy for $3,600.
l. Received an electric utility bill for $1,800 for usage in April; the bill will be paid next month.
m. Paid $100 cash dividend to each of the five investors at the end of the month.

Required:
For the transactions listed in AP3-4, indicate the type of activity (O for operating, I for investing, and F for financing) and the direction (+ for increase, − for decrease) and amount of the effect. If the transaction had no effect on cash flows, write NE for both the effect and amount.