Indicate which of the following transactions would appear on the company's Income Statement (IS) or Balance Sheet (BS), or both. 1. Paid $24,000 in interest on the company's long term debt. 2. Signed a contract to sell $156,000 worth of services. 3. Bought a new piece of equipment to be used in production of cookies for $1,340,000.00. 4. Bought a tablet for $350 to be used at an expo at which the company will be presenting some of its goods. 5. Paid $38,000 towards the principal on its long-term debt. 6. Bought $260,000 worth of raw material inventory. 7. Used $140,000 worth of raw materials and packaging for goods that the company sold. 8. Sold $1,000,000 worth of product, 20% for cash and 80% to be paid within 30 days.