Exercise $1-6($Static$)$ Financial statement elements $[$LO$1-7]$

For each of the items listed below, identify the appropriate financial statement element.

$\backslash$table$[[1.$ Obligation to transfer cash or other resources as a result of a past transaction.,$],[2.$ Dividends paid by a corporation to its shareholders.,$],[3.$ Inflow of an asset from providing a good or service.,$],[4.$ The financial position of a company.,$],[5.$ Increase in equity during a period from nonowner transactions.,$],[6.$ Increase in equity from peripheral or incidental transaction.,$],[7.$ Sale of an asset used in the operations of a business for less than the asset's book value.,$],[8.$ The owners' residual interest in the assets of a company.,$],[9.$ An item owned by the company representing probable future benefits.,$],[10.$ Revenues plus gains less expenses and losses.,$]]$