answer each section please they both go with each other

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Required information [The following information applies to the questions displayed below.] J. Kamas and G. Charrier have been operating a catering business for several years. In March, the partners plan to expand by opening a retail sales shop. They have decided to form the business as a corporation called Traveling Gourmet, Incorporated. The following transactions occurred in March: a. Received $104,000 cash from each of the two shareholders to form the corporation, in addition to $4,400 in accounts receivable, $10,100 in equipment, a van (equipment) appraised at a fair value of $17,800, and $2,400 in supplies. Gave the two owners each 980 shares of common stock with a par value of $1 per share. b. Purchased a vacant store for sale in a good location for $600,000, making a $120,000 cash down payment and signing a 10-year mortgage note from a local bank for the rest. c. Borrowed $74,000 from the local bank on a 10 percent, one-year note. d. Purchased food and paper supplies costing $15,000 in March; paid cash. e. Catered four parties in March for $6,600;$2,080 was billed and the rest was received in cash. f. Sold food at the retail store for $18,100 cash. g. Used food and paper supplies costing $11,310. h. Received a $660 telephone bill for March to be paid in April. i. Paid $603 in gas for the van in March. j. Paid $11,080 in wages to employees who worked in March. k. Paid a $540 dividend from the corporation to each owner. I. Purchased $74,000 of equipment (refrigerated display cases, cabinets, tables, and chairs) and renovated and decorated the new store for $32,000 (added to the cost of the building); paid cash. quired: Identify operating, investing, and financing activities affecting cash flows. Include the direction and amount of the fect. Cash outflows should be indicated with a minus sign. If there is no effect on the statement of cash flows, lect "No effect" Required information [The following information applies to the questions displayed below.] J. Kamas and G. Charrier have been operating a catering business for several years. In March, the partners plan to expand by opening a retail sales shop. They have decided to form the business as a corporation called Traveling Gourmet, Incorporated. The following transactions occurred in March: a. Received $104,000 cash from each of the two shareholders to form the corporation, in addition to $4,400 in accounts receivable, $10,100 in equipment, a van (equipment) appraised at a fair value of $17,800, and $2,400 in supplies. Gave the two owners each 980 shares of common stock with a par value of $1 per share. b. Purchased a vacant store for sale in a good location for $600,000, making a $120,000 cash down payment and signing a 10-year mortgage note from a local bank for the rest. c. Borrowed $74,000 from the local bank on a 10 percent, one-year note. d. Purchased food and paper supplies costing $15,000 in March; paid cash. e. Catered four parties in March for $6,600;$2,080 was billed and the rest was received in cash. f. Sold food at the retail store for $18,100 cash. g. Used food and paper supplies costing $11,310. h. Received a $660 telephone bill for March to be paid in April. i. Paid $603 in gas for the van in March. j. Paid $11,080 in wages to employees who worked in March. k. Paid a $540 dividend from the corporation to each owner. I. Purchased $74,000 of equipment (refrigerated display cases, cabinets, tables, and chairs) and renovated and decorated the new store for $32,000 (added to the cost of the building); paid cash. Required: 1. Prepare an unadjusted classified income statement for the month of March