Part III: Problems (42 total points) 1. Indicate the effects of each of these events on the financial measurement listed in the four columnar headings listed below. Use the following code letters: I for increase, D for decrease and NE for no effect. (10 points) A. Obtained a loan from a bank B. Obtained cash from investors C. Purchased a building and equipment paying part in cash and obtained a loan for the rest D. Purchased inventory on account E. Hired two employees F. Sold inventory for more than its cost (i.e. produced a profit) G. Paid for the inventory purchased on account in D H. Paid the employee's current salary Declared a cash dividend 1. J. Paid the cash dividend Event Assets Stockholders' Equity Liabilities A I Paid in Capital Retained Earnings B DX NE NE + IX WEX C WE DX I WE WE D DX DX WE NE E NE WE NE NE F DX IX WE I G D D I X WE H D IX NE WE X 1 WE X NE WE X J D WE WE