Identify the impact on the accounting equation, if and how it affects net income, and if and how it affects cash.

Using the following as an example: Purchased merchandise inventory for cash: assets: + inventory and - cash; no effect on liabilities or equity; no effect on net income, - cash

Please explain the reasoning and how to solve the problem.

1. Paid cash for selling and administrative expenses.

2. Paid cash on accounts payable not within the discount period.

3. Paid cash for transportation-in.

4. Collected cash from accounts receivable.

5. Paid cash for transportation-out.