Cannon Sporting Goods is one of the world's leading manufacturers of athletic shoes and sports apparel. The following activities occurred during a recent year. The amounts are rounded to millions, except for par value. points a. Purchased additional buildings for $174 and equipment for $270; paid $402 in cash and signed a long-term note for the rest. b. Issued 110 shares of $2 par value common stock for $350 cash. c. Declared $140 in dividends to be paid in the following year. d. Purchased additional short-term investments for $7,516 cash. e. Several Cannon Sporting Goods investors sold their own stock to other investors on the stock exchange for $84. f. Sold $4,413 in short-term investments for $4,413 in cash. eBook References Required: For each of the events (a) through (1. perform transaction analysis and indicate the account, amount, and direction of the effect (+ for increase and - for decrease) on the accounting equation. Check that the accounting equation remains in balance after each transaction. (If no impact on the accounting equation leave cells blank. Enter your answers in millions.) Assets Stockholders' Equity Event a. Liabilities Notes payable (long-term) Buildings Equipment Cash Cash 174 270 (402) 350 b. Common stock 220 Dividends payable 1 140 Retained earnings (140) d. Short-term investments Cash 7,516 (7,516)