Cheryl Alder operates her own catering service. Summary financial data for March is presented in the following accounting equation form. Each line, designated by a number, indicates the effect of a transaction on the balance sheet. Each increase and decrease in retained earnings, except transaction (4), affects net income. Cash + Land = Liabilities + Capital Stock + Retained Earnings Bal. 37,300 10,100 15,700 21,600 10,100 1. 27,800 27,800 2. (21,300) 21,300 3. (17,700) (17,700) 4. (800) (800) Bal. 25,300 31,400 15,700 21,600 19,400 a. Enter the amount for each transaction described below. 1. Provided catering services for cash $fill in the blank 1 27,800 2. Purchased land for cash $fill in the blank 2 21,300 3. Paid expenses $fill in the blank 3 17,700 4. Paid cash as dividends $fill in the blank 4 800 b. What is the net decrease in cash during the month? $fill in the blank 5 12,000 c. What is the net increase in retained earnings during the month? $fill in the blank 6 d. What is the net income for the month? $fill in the blank 7 e. How much of the net income for the month was retained in the business? $fill in the blank 8 f. What are the net cash flows from operating activities? $fill in the blank 9 g. What are the net cash flows from investing activities? (Enter a net cash outflow as a negative amount). $fill in the blank 10 h. What are the net cash flows from financing activities? (Enter a net cash outflow as a negative amount). $fill in the blank 11