Pharoah Corporation had the following transactions the transaction has no eflect on cash, leave the cash Hect and classification held blank.) (a) (b) In the below table, indicate by how much each transaction increases or decreases cash. If the transaction has no effect on cash, say so. Identify whether the transaction should be assified as an operating activity, investing activity, financing activity, noncash investing and financing activity, or leave blank. (a) Cash Effect Classification 1. Issued common shares for $51,000 2. Purchased a machine for $38,000. Made a $5,900 down payment and issued a long term note payable for the remainder. 3. Collected $23,000 of accounts receivable 4. Paid a $20,000 cash dividend 5. Sold a long term investment with a carrying amount of $15,600 for $19,196 6. Sold inventory for $1,400 7. Paid $24,000 on accounts payable 8. Purchased a held for trading wivestment (equity Securities) for $130,000 9. Purchased nentory for $32,000 on account 10. Collected $1,500 in advance from customers 11. Paid $32.100 to read and we common shares