Teri west operates her own Catering service Summary Financial data for July are presented in equation form as follows. Eachine designated by a number indicates the effect of a transaction on the watch increase and decrease in stockholders' equity, except transaction (5). Wlects not income Accounts Payable 7.700 Retained Earnings Stechers' Dividends + Fees Earned Bal. + Capital Stock 31.500 Expenses 71.000 1 3360 2 Aucts Cash Supplies Land 20.700 3,700 +33.600 -14,400 14.400 25.000 +1.400 -1.900 -6,900 3. -25,000 4. -1.400 5 -1,500 -6.900 7. -2.900 Bal 14.100 2200 86.200 2.200 31.500 65.000 -1.900 33,600 -21.00 a. (1) Select the description for transaction 1 a. (2) Select the description for transaction 2 a. (3) Select the description for transaction 3 a. (4) Select the description for transaction 4. a. (5) Select the description for transactions (Preston a. (2) Select the description for transaction 2. a.(3) Select the description for transaction a(4) Select the description for transaction 4 a. (5) Select the description for transaction 5 a. (6) Select the description for transaction 6 a. (7) Select the description for transaction 7. b. What is the amount of the net decrease in cash during the month? Enter decrease as a positive number What is the amount of the net increase in stockholders' equity during the month? d. What is the amount of the net income for the month? e. How much of the net income for the month was retained in the business