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 the 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. Identify how each transaction affects cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities Balance Sheet Total Total Liabilities Equity .900 b. Income Statement of Cash Flows Statement Net Operating Investing Financing Income Activities Activities Activities 4900 Transaction Total Assets 1. Owner invests 5900 cash in business in exchange for stock 900 2. Receives 5700 cash for services provided 3. Pays 5500 cash for employee wages 4 Buys $100 of equipment on credit 5. Purchases $200 of supplies on credit 16 Buvs couloment for 5300 cash