The Draper Company Records these joumal entries: ssue Common Stock for Cash Accrued Revenue Earned portion of Unearned Revenue $40 $12 $17 Required: Indicate the net effect of these journal entries on the following items. Indicate the dollar amount of the effect and the direction of the effect. (Example: $13 Increase, or $8 Decrease, or NO EFFECT a) Ne Income b) Total Assets $- G\Fac_support BERSCHBK14_ACC 300 500 NEW/Homework/Homework 1\ACC 300_500_508_HW_1 H/12/7/2018 c Total Liabilities $ d) Retained Earnings S e Total Equity _ Working CapitalS