For each event on the left, indicate the effect on Retained Earnings (increase, decrease, no effect). v A company accrues interest income on a CD that will mature in 3 months. A. Decrease B. Increase v A company records a write-down of inventory to lower-of-cost-or- market. C. No effect. A company pays an invoice for inventory delivered earlier in the month. v A company declares but does not pay dividends. v A company receives cash from a customer for services to be provided next month. v A company recognizes amortization expense on an acquired patent. v A company provides services to a customer who paid in advance last month. v A company pays dividends that were declared last month