The Pet Store experienced the following events for the Year 1 accounting period: 1. Acquired $55,000 cash from the issue of common stock. 2. Purchased $62,000 of inventory on account. 3. Received goods purchased in Event 2FOB shipping point, transportation cost of $1,270 paid in cash. 4. Sold inventory on account that cost $32,000 for $59,000. 5. Transportation cost on the goods sold in Event 4 was $1,340. The goods were shipped FOB destination. Cash was paid for the transportation cost. 6. Customer in Event 4 returned $5,200 worth of goods that had a cost of $2,650. 7. Collected $48,380 cash from accounts receivable. 8. Paid $53,200 cash on accounts payable 9. Paid $2,920 for advertising expense. 10. Paid $3,800 cash for insurance expense. a. Which of these events affect period (selling and administrative) costs? Which result in product costs? If neither, label the transaction NA