Explain how each of the following events or series of events and the related adjusting entry will affect the amount of net income and the amount of cash flow from operating activities reported on the year-end financial statements. Identify the direction of change (increase, decrease, or NA) and the amount of the change. Organize your answers according to the following table. The first event is recorded as an example. If an event does not have a related adjusting entry, record only the effects of the event. (Not all cells require entry. Do not round intermediate calculations and round your final answers to nearest whole dollar amount.)

1. Paid $3,000 cash on October 1 to purchase a one-year insurance policy.
2. Purchased $1,100 of supplies on account. Paid $850 cash on accounts payable. The ending balance in the Supplies account, after adjustment, was $350.
3. Provided services for $7,700 cash.
4. Collected $9,500 in advance for services to be performed in the future. The contract called for services to start on May 1 and to continue for one year.
5. Accrued salaries amounting to $3,800.
6. Sold land that cost $18,400 for $18,400 cash.
7. Acquired $51,500 cash from the issue of common stock.
8. Earned $12,100 of revenue on account. Collected $10,890 cash from accounts receivable.
9. Paid cash operating expenses of $1,450.