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Use 1 - Increase, D-Decrease, or N-No effect, to indicate the effect on retained earnings for each of the listed transactions. 1. A net loss for the year. 2. _Net income for the year. 3. A stock split effected in the form of a stock dividend 4. Declaration of a 5% stock dividend. 3. 5. 5. Sale of common stock. 6. Payment of a previously declared cash dividend. 7. An issuance of common stock. 8 8. Sale of treasury stock for less than cost. Retirement of a common stock at a cost less than the original issue price. 9. 10. A gain on the sale of a fixed asset