Cathy Company is a pharmaceutical company. The grid below is a list of possible effects on the Income Statement and the Balance Sheet. The code is: + increase; - decrease; NE no effect. Atter 1 Ho Revenue/Gain 1. NE Expense/Loss NE Net Income Assets Liabilities Equity 24/ NE +100 +100 NE NE +20 --20 +80 +100 --20 NE +100 --100 NE +100 --100 IV. NE V. NE NE +80 NE NE NE NE -80 +20 +100 --80 Match the effect that the transaction below would have on Cathy Company's Income Statement and Balance Sheet. Choose (I), (II). (II), (IV), or (V) from the grid. For example, if the transaction were "Collected cash on accounts receivable, the correct answer would be (IV) because there is no effect on revenue, expense, net income, overall assets, liabilities, or equity. Transaction: Recorded interest payable for the year of $100 on all outstanding debt. $20 of the $100 is interest computed on the weighted-average accumulated expenditures (WAAE) for a building the company is constructing for its own use. CONV OV