Required Information P82-3 (Static) Recording Transactions (in a Journal and T-Accounts); Preparing and Interpreting the Balance Sheet (LO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-5) (The following information applies to the questions displayed below.) Shake Shack Incorporated, which began as a hot dog stand in 2001, now has more than 200 locations worldwide. The following is adapted from Shake Shack's financial statements for the quarter ended September 26, 2019. Dollars are reported in millions Accounts Payable 5 je Accounts Receivable 14 Cash 29 Common Stock 255 Equipment 544 Intangible sota 267 Inventory 2 Botes Payable (long-term) 519 Notes Payable (short-term 40 Prepaid Rent 6 Retained tarnings 46 Short-Term Investments 36 Assume that the following events occurred in the following quarter, which ended September 30, 2019 a. Paid $10 cash for additional intangible assets. b. Issued additional shares of common stock for $50 in cash. c. Purchased equipment paid $30 in cash and signed additional long-term loans for $70. d. Paid $9 cash for accounts payable owed at September 26. e. Conducted negotiations to purchase a farm, which is expected to cost $15. PB2-3 (Static) Part 2 2. Analyze transactions (a)-e) to determine their effects on the accounting equation. (Enter an a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Assets Liabilities Cash Equipment Intangible Assets Accounts Payable Stockholders' Equity Common Stock Notes Payable (long-term) a + b + C. d