The following selected events were experienced by either Cardinal Industries, Inc., a corporation. or Larry Cardinal, the majcr atockholder. (1.) (Cick the icon to view the events.) Requirement 1. State whether each event (1) increased, (2) decreased, or (3) had no effect en the total assets of the business. Identify any specific asset affocted. of an exent has no effect on the total assets of the business choose either personal trarisaction or asset accounts offsot). a. Sold land and received a note receivable of $43,000 (the land was carried on the company's books at $43,000 ). b. Purchased equipment for the business for $81,000 cash. c. Cardinal used personal funds to purchase a pool table for his home. d. Purchased land for a building site for the business and signed a $98,000 promissory note to the bank. e. Received $140,000 cash and issued stock to a stockholder. f. Earned $15,000 in revenue for services performed. The customer promises to pay Cardinal Industries in one month. g. The business paid Cardinal a cash dividend of $4,500. h. Paid $12,000 cash on accounts payable. i. Received $37,000 cash from customers for services performed. i. Purchased supplies on account for $4.000. More info a. Sold land and received a note receivable of $43,000 (the land was carried on the company's books at $43,000 ). b. Purchased equipment for the business for $81,000 cash. c. Cardinal used personal funds to purchase a pool table for his home. d. Purchased land for a building site for the business and signed a $98,000 promissory note to the bank. e. Received $140,000 cash and issued stock to a stockholder. f. Earned $15,000 in revenue for services performed. The customer promises to pay Cardinal Industries in one month. g. The business paid Cardinal a cash dividend of $4,500. h. Paid $12,000 cash on accounts payable. i. Received $37,000 cash from customers for services performed. j. Purchased supplies on account for $4,000