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. a. Purchased additional buildings for $168 and equipment for $270; paid $400 in cash and signed a long-term note for the rest. b. Issued 80 shares of $2 par value common stock for $350 cash. c. Declared $150 in dividends to be paid in the following year. d. Purchased additional short-term investments for $7,716 cash. e. Several Cannon Sporting Goods investors sold their own stock to other investors on the stock exchange for $92. f. Sold $4,313 in short-term investments for $4,313 in cash. 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.) Event Assets + Stockholders' Equity Liabilities Notes payable (long-term) . 168 40 Buildings Equipment Cash 270 (400) 350 b. Cash Common stock Additional paid-in capital C Dividends payable 150 (150) d. Short-term investments 7,716 (7,716) Cash e f. Cash 4,313 (4,313) Short-term investments