1. Issued cumulative preferred stock for cash. 2. Issued common stock for cash. 3. Issued noncumulative preferred stock for cash 4. Paid cash to purchase treasury stock 5. Sold treasury stock for an amount of cash that was more than the cost of the treasury stock 6. Declared a cash dividend 7. Declared a 2-for-1 stock split on the common stock 8. Distributed a stock dividend 9. Appropriated retained earnings 10. Paid a cash dividend that was previously declared, Required Show the effect of each event on the elements of the financial statements using a horizontal statements model like the following one. Use for increase, - for decrease, and NA for not affected. In the Cash Flow column, indicate whether the item is an operating activity (OA). Investing activity (A), or financing activity (FA) Use NA to indicate that an element was not affected by the event. The first transaction is entered as an example SEQUOIA, INC Statement Model Balance Sheet Income Statement Liabile Stockholders Revenue Net Expenses Equity Income NA NA NA NA Event Asset Cash Flow + FA 1 2 3. 4 5 6 7 B 9