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, identify how each transaction affects cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities. Transaction Balance Sheet Income Statement Not Income Total Liabilities Total Equity -900 Total Assets *900 2700 -500 Statement of Cash Flows Operating Investing Financing Activities Activities Activities +900 700 -500 -630 4700 500 630 1630 4730 1 Owner Invests $900 cash in business in exchange for stock 2 Receives $700 cash for services provided 13 Pays $500 cash for employee wages 4 Buys 5630 of equipment on credit 5. Purchases 5730 of supplies on credit 6 Buys equipment for 5830 cash 7 Pays 5670 on accounts payable 8. Provides $870 of services on credit 9. Pays 5520 cash in dividends 10. Colects 5895 cash on accounts receivable 830 830 1830 830