4. Explain briefly how each of the following transactions would affect a companys balance sheet. (Remember, assets must equal liabilities plus owners equity before and after the transaction.) a. Sale of used equipment with a book value of $300,000 for $500,000 cash. b. Purchase of a new $80 million building, financed 40 percent with cash and 60 percent with a bank loan. c. Purchase of a new building for $60 million cash. d. A $40,000 payment to trade creditors. e. A firms repurchase of 10,000 shares of its own stock at a price of $24 per share. f. Saleofmerchandisefor$80,000incash. g. Sale of merchandise for $120,000 on credit. h. Dividend payment to shareholders of $50,000. 5. Why do you suppose financia