1.Use the table below to answer the following questions.

a.Classify the transactions below by putting a dollar value in the appropriate column.Total the columns at the bottom.The first is done as an example.

Transaction Current Current Financial Financial Account: Account: Account: Account: Inflow of Outflow Inflow of Outflow Dollars of Dollars Dollars of Dollars A A U.S. business sells $400 of soybeans to China $400 B A Chinese financial firm buys $800 15% stake in U.S. based firm Tell me what you want to do C U.S. workers in Ireland receive $350 in payments D A Chinese firm sells $1100 of machinery to the U.S. E A Chinese airline provides $200 of flights to U.S. residents F A U.S. firm buys 20% ownership in a German business for $1000 G A U.S. financial firm buys $700 of Japanese bonds H A U.K. financial firm buys $1050 of U.S. stocks, none totaling over 10% of outstanding shares Armenians in U.S. send $100 home to relatives Chinese financial firm earns $100 in interest from U.S. treasuries held L U.S. provides advertising for Japanese automakers for $600 Column Totals