A company had the following transactions during its most recent fiscal period:
1. A total of 5,000 shares were issued at $30 per share.
2. Equipment worth $120,000 was purchased for $80,000 cash and shares worth $40,000.
3. A bank loan for $100,000 was taken out and is due in five years.
4. Sales contracts totalling $150,000 were signed, and deposits totalling $30,000 were received in cash.
5. One of the sales contracts in transaction 4 was subsequently cancelled by the customer. The deposit on this contract was $10,000; $8,000 of the deposit was returned and the rest was forfeited as a cancellation penalty.
6. Merchandise inventory costing $210,000 was purchased on account.
7. Goods costing $10,000 were found defective and returned to the suppliers. These goods had been purchased on account, and no payment had yet been made for them.
8. Payments of $250,000 were made to suppliers on account.
9. Sales totalled $450,000, of which $90,000 was on account.
10. Equipment with a cost of $10,000 and $2,000 of accumulated depreciation was destroyed by fire. The insurance company paid $7,000 in compensation for the loss.
11. The company purchased 100 shares of Pradar Company at $50 per share as a short-term investment.
12. The company purchased 50,000 shares of Zider Company at $10 per share, in an effort to buy a controlling interest in Zider (a supplier).
13. Patents on a new manufacturing process were purchased for $15,000.
14. Interest expense of $2,500 for the year was paid in cash.
15. Equipment with a net book value of $35,000 was sold for $30,000. The buyer paid $20,000 cash and agreed to pay the remaining $10,000, plus interest, in the future.
16. Warranty services costing $5,000 were provided to customers during the year. A provision for warranty services had been recorded earlier, in a separate transaction.
17. Depreciation for the year totalled $20,000.
18. Dividends of $7,000 were declared, of which $5,000 remained unpaid at year end.
Required:
a. For each of the transactions listed above, use the following format to indicate the effect on the statement of financial position categories:

b. For each transaction that affects cash, state whether it relates to an operating, investing, or financing activity.

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Other Non Current Cren Current Non Current Shareholders' Transaction Number Cs Assets Assets Liabilities Liabilities Equity