For each of the following transactions, indicate how (i) net earnings and (ii) cash flows are affected. For each transaction, enter the amount, (if any) as an increase or as a decrease. If there is no effect, enter "0" (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Do not leave any fields blank.)

Chapter 2 Assignment Question 3 of 4 -15 Effect on Net Earnings Effect on Cash Flow a. Took out a loan for $136,000. $ $ b. Purchased equipment for $ 103,000, paying $41,200 cash and financing the balance with a one-year note payable. C. Purchased $32,000 of inventory from suppliers on account. d. Paid $1,100 for advertising. e. Sold inventory for $38,500 to customers, on account. The goods sold had cost $11,500. Paid $22,000 on the accounts owing to suppliers. f. g. Paid employee wages of $4,900. h. Received payments of $28,900 from customers on their accounts. i. Declared and paid dividends of $2,100. j. Made a loan payment of $2,900 on the loan from transaction (a), of which $2,000 was repayment of loan principal and $900 was interest. k. Recorded depreciation of $2,060 on the equipment purchased in transaction (b). I. Recorded $309 in interest owing on the one-year note payable from transaction (b). $