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 year. The amounts are rounded to millions, except for par value. a. Purchased additional buildings for $190 and equipment for $270; paid $400 in cash and signed a long-term note for the rest. b. Issued 80 shares of $2 par value common stock for $340 cash. c. Declared $150 in dividends to be paid in the following year. d. Purchased additional short-term investments for $7,516 cash. e. Several Nike investors sold their own stock to other investors on the stock exchange for $82. f. Sold $4,113 in short-term investments for $4,113 in cash. g. Bortowed $6,084 from a bank; signed a note due in 20 years. h. Repurchased its common stock for $2,987 in cash. Required: For each of the events (o) through (h), perform transaction 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 millions, (for example, 5.5 million should be entered as 5.5 rather than 5,500,000 )