Cheryl Alder operates r own catering service. Summary financial data for March are presented in the following designated by a number, indicates the effect of a transaction on the balance sheet. Each increase and decrease transaction (4), affects net income. Cash LandLiabilitiesCapital Stock Retained Earnings 10,100 29,500 Bal. 45,000 10,1 00 15,400 29,600 29,500 2. (20,200) 20,200 3. (17,300) (17,300) (900) 21,400 (900) Bal. 36,100 30,300 15,400 29,600 a. Enter the amount for each transaction described below. 1. Sale of catering services for cash 2. Purchase of land for cash 3. Payment of expenses 4. Payment of cash dividends b. What is the net decrease in cash during the month? 0 c. What is the net increase in retained earnings during the month? b. What is the net decrease in cash during the month? c. What is the net increase in retained earnings during the month? d. What is the net income for the month? e. How much of the net income for the month was retained in the business? f. What are the net cash flows from operating activities? g. What are the net cash flows from investing activities? (Enter a net cash outflow as a negative amou h. What are the net cash flows from financing activities? (Enter a net cash outflow as a negative amou Check My Work 5 more Check My Work uses remaining