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, identity 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 b. Transaction Balance Sheet Total Total Total Assets Liabilities Equity -625 +625 Income Statement Net Income Statement of Cash Flows Operating Investing Financing Activities Activities Activities -625 1. Owner Investa 5625 cash in business in exchange for stock 2. Receives $425 cash for services provided 3. Pays $545 cash for employee wages 4. Buys $675 of equipment on credit 5. Purchases $775 of supplies on credit + 6. Buys equipment for 5875 cash 7. Pays 5715 on accounts payable 8. Provides $915 of services on credit 9. Pays 5565 cash in dividends 10. Collects $940 cash on accounts receivable