(The following information applies to the questions displayed below.) Edward Allen Interiors Inc. is a leading manufacturer and retailer of home furnishings in the United States and abroad. The following is adapted from Edward Allen's September 30, 2016, trial balance. (The amounts shown represent millions of dollars.) Accounts Payable Accounts Receivable Cash Common Stock Equipment Inventory Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Salaries and Wages Payable Software $ 132 30 140 30 375 176 235 2 389 40 75 Assume that the following events occurred in the following quarter. a. Paid $35 cash for additional inventory. b. Issued additional shares of common stock for $15 in cash. c. Purchased equipment for $210; paid $100 in cash and signed a note to pay the remaining $110 In two years d. Signed a short-term note to borrow $15 cash. e Conducted negotiations to purchase a sawmill, which is expected to cost $38. Prey 9 10 11 ... 15 of 15 Next > Assume that the following events occurred in the following quarter. Check a. Paid $35 cash for additional inventory. b. Issued additional shares of common stock for $15 in cash. c. Purchased equipment for $210; paid $100 in cash and signed a note to pay the remaining $110 in two years. d. Signed a short-term note to borrow $15 cash. e. Conducted negotiations to purchase a sawmill, which is expected to cost $38. 2. Analyze transactions (-e) to determine their effects on the accounting equation (Enter any decreases to account balances with a minus sign. Enter your answers in millions (ie.. 10,000,000 should be entered as 10). Assets - Liabilities Stockholders' Equity L 17 Check my work 2. Analyze transactions (a)-(e) to determine their effects on the accounting equation (Enter any decreases to account balances with a minus sign. Enter your answers in millions (.e., 10,000,000 should be entered as 101) Assets