8. When a company first incorporates and the initial owners invest $1,000,000 cash in the company in exchange for shares of common stock indicate the effect on the accounting equation: Check all that apply. Each line should have one, and only one, check mark. Category INCREASE DECREASE NO EFFECT ASSETS Current Assets Property, Plant, & Equipment Investments Intangible Assets LIABILITIES Current Liabilities Non-Current Liabilities EQUITY Contributed Capital Earned Capital Revenues Expenses