(a) The following are selected transactions that may affect shareholders' equity. Assuming the compamy follows ifRS jincluding lAS 39). indicate the effect that each of the 13 transactions has on the finarcial statenent elements that are listed Item 1. Corverted bonds to common shares. 2. Declared a cash dividend. 3. Effected astock split. 4. Reconded the expiration of insurance coverage that was previously recorded as prepald insurance. 5. Paid the cash dividend declared in item 2 above 6. Recorded axcrued interest expense on a note payable. 7. Recorded an increase in the falr value of an FV-OCI investment in sheres thut will be distributed as a property dividend The carryine ameunt of the FY-OCl imestment was greater than its cost. The shares are traded in an axtive market: B. Declared a property dividend (see item 7 above) 9. Distributed the imestment to shareholders (see items 7 and 8 above). 10. Declared a stock dividend. 11. Distributed the stock dividend declared in item 10 12. Repurchased common shares for less than their intial iswe price. 13. Comverted preterred shares into comenon shares. 39), indicate the effect that each of the 13 transactions has on the financial statement elements that are listed