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 "O" (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45). Do not leave any fields blank.) Effect on Net Earnings Effect on Cash Flow a. Took out a loan for $137,000. $ $ b. Purchased equipment for $95.000, paying $38,000 cash and financing the balance with a one-year note payable. c. Purchased $31,000 of inventory from suppliers on account. d. Paid $1,200 for advertising. e. Sold inventory for $40,600 to customers, on account. The goods sold had cost $12,300. f. Paid $20,000 on the accounts owing to suppliers. & Paid employee wages of $4,500 h. Received payments of $25,000 from customers on their accounts i. Declared and paid dividends of $1.900. 1. Made a loan payment of $2.700 on the loan from transaction (a), of which $1,900 was repayment of loan principal and $800 was interest. k. Recorded depreciation of $1,900 on the equipment purchased in transaction (b). ORD 16C Partly sunny 100 BAC 90020bed/question/2 ment Question 3 of 4