Milford Corporation had the following transactions and events: Indicate whether each of the below transactions would increase, decrease, or have no effect on assets, liabilities, and key categories within shareholders' equity. Assets Liabilities (1) Issued preferred shares for cash. > (2) Declared a cash dividend on the preferred shares. (3) Paid the cash dividend declared in transaction (2). > (4) Issued common shares for cash. > (5) Issued common shares for a noncash exchange of assets.