Sunset Corporation began operations on January 1, 2020. During the year, the following transactions occurred Jan 1, 20 Sunset's owners invested $60,000 cash into the company Feb 24, 20 Sunset purchased $8,000 of inventory on open account Mar 3, 20 Mar 16, 20 Mar 20, 20 Sunset purchased another $5,000 of inventory from the same supplier, on account. The Company paid off all amounts owning to the supplier. The Company sold goods for $12,000 to Sunshine Corporation on account. April 5, 20 Sunset pays its owners a dividend of $8,000 How should the transaction on Apr 5, 2020 be recorded? O Decrease Cash $8,000, Increase Dividend Payable $8,000 O Increase Cash $8,000, Decrease Investment $8,000 O Decrease Retained Earnings $8,000, Decrease Cash $8,000 O Increase Paid in capital $8,000, decrease Cash $8,000 Moving to another question will save this response. Which of the following is a NOT an example of a liability? O Accounts Payable O Operating line of credit O Paid in Capital O Bank debt