Indicate whether each of the items would increase, decrease or no effect on cash. Assume all items are cash transactions. Cash Effect 1. Purchase of goods for resale No Effect 2. Issue of common shares Increase 3. Sale of equipment that the company has finished using Increase 4. Receipt of bank loan Decrease 5. Purchase of long-term investment Increase 6. Purchase of equipment Decrease 7. Sale of merchandise to customers No Effect Decrease 8. Payment of salaries to employees Increase 9. Sale of long-term investment Decrease 10. Repayment of loan owed to bank Decrease 11. Payment of dividends Decrease 12. Payment of interest on money borrowed from bank