E2-5 (Algo) Determining Financial Statement Effects of Several Transactions LO2-1, 2-3 Nike, Incorporated, with headquarters in Beaverton, Oregon, is one of the world's leading manufacturers of athletic shoes and sports apparel. The following activities occurred during a recent yeat. The amounts are rounded to millions, except for par value. a. Purchased additional bulldings for $180 and equipment for $260; paid $402 in cash and signed a long-term note for the rest. b. Issued 90 shares of $2 par value common stock for $345 cash. c. Declared $145 in dividends to be paid in the following year. d. Purchased additional short-term investments for $7,616 cash. e. Several Nike investors sold their own stock to other investors on the stock exchange for $88. 1. Sold $4.413 in short-term investments for $4.413 in cash. 9. Borrowed $6,234 from a bank; signed a note due in 20 years. h. Repurchased its common stock for \$3,087 in cash. Required: For each of the events (a) through (h). perform transoction analysis and indicate the account and amounts, Check that the accounting equation remains in balance after each transaction. Note: Enter decreases to an element of the balance sheet with a minus sign. If no impact on the accounting equation leave cells blank. Enter your answers in mililons, (for example, 5.5 million should be entered as 5.5 rather than 5,500,000 )