The Draper Company Records these journal entries: 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) Net Income s b) Total Assets $ c) Total Liabilities $ d) Retained Earnings $ e) Total Equity $ f) Working Capital s The Draper Company Records these journal entries: 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) Net Income s b) Total Assets $ c) Total Liabilities $ d) Retained Earnings $ e) Total Equity $ f) Working Capital s