Select the situation below that would cause an increase in shareholders' equity.

The payment of a loan.

The sale of inventory at a profit

The payment of a dividend.

Collection of an accounts receivable.

The purchase of office equipment paid for by issuing a note payable.

What yields the largest value?

		the future value of an annuity of $1
		the future value of a single sum of $1
		the present value of an annuity of $1
		the present value of a single sum of $1