Identify how each of the following separate transactions through 10 affects financial statements. For increases, place a "*" and the dollar amount in the column or columns. For decreases, place a - and the dollar amount in the column or columns. Some cells may contain both an increase (+) and a decrease (-) along with dollar amounts. The first transaction is completed as an example Required: a. For the balance sheet, identify how each transaction affects total assets, total liabilities, and total equity. For the income statement, identify how each transaction affects net income b. For the statement of cash flows, identity how each transaction affects cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities Balance Sheet Income Statement of Cash Flows Statement Operating Investing Financing Income Activities Activities Activities Total Net Transaction Total Liabilities Total Equity Assets +350 -350 350 1. Owner Invests 5350 cash in business in exchange for stock 2 Receives 150 cash for services provided 3. Pays $270 cash for employee wages 4 Buys 5400 of equipment on credit 5: Purchases $500 of supplies on credit 6. Buys equipment for $600 cash 7. Pays 5446 on accounts payable 8 Provides 5640 services on credit 9 Pays $290 cash for dividendo 10 Collecs 5665 cash on accounts receivable