1. Accounting Elements/Statement of Cash Flows Activities: Missy Mansion opened a public relations firm called Solid Gold on June 1. During June, the business completed the transactions below. First, indicate how each transaction impacted Assets, Liabilities, and Equity. You need to indicate if the category has Increased (+) or Decreased (-). If the category has had both an Increase (+) and a Decrease (-), you need to put both + and - in the same category box. Second, indicate how each transactions impacted the Statement of Cash Flows (+ for increase, - for decrease) and indicate the applicable activity (OA for operating activity, IA for investing activity, FA for financing activity, or N/A for no impact to cash). Transaction: a. Missy Mansion contributed $8,000 cash in exchange for common stock. b. Performed service for a client and received cash of $1,300. c. Borrowed $80,000 cash from Park Bank. d. Purchased land with cash, $75,000. e. Paid off balance of accounts payable. f. Purchased office supplies from OfficeMax on account, $400. B. Collected cash from a customer on account, $2,200. h. Cash dividends of $1,800 were paid to stockholders. 1. Consulted for a new band and billed the client for services rendered, $6,500. j. Paid office rent: $1,400. Asset Liability Equity Statement of Cash Flows Activity EA TA