Chapter 2 Homework i Saved Help Save & Exit Submit 10 Accounts Payable Accounts Receivable Cash Common Stock Equipment Intangible Assets Inventory Notes Payable (long-term) Notes Payable (short- term) Prepaid Rent Retained Earnings Short-Term Investments $6,660 665 3,530 540 5,500 3,800 2,060 2,610 2,220 Part 1 of 3 665 5,090 900 6 points Assume that the following events occurred in the following quarter, which ended December 31, 2016. Dollars are in millions eBook Print a. Paid $1,950 cash for additional intangible assets. b. Issued additional shares of common stock for $11,900 in cash. c. Purchased equipment; paid $3,800 in cash and signed additional long-term loans for $10.800. d. Paid $990 cash for accounts payable owed at October 2. e. Conducted negotiations to purchase a coffee farm, which is expected to cost $9,800. 2. Analyze transactions (a)-(e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Assets Stockholders' Equity 3,530 665 Llabilities Accounts Payable Notes Payable (long-term) 6,660 2,610 Common Stock Cash a. Cash Accounts Receivable b. Inventory c. Short-Term Investments Prepaid Rent 2,060 900 665