Questions on material in Chapter 5 IL. (34 points). For each of the following transaction indicate whether it, and the offsetting transaction, should be classified as: (1) a debit or credit and (2) in the current account or financial account of the United States. Under debit or credit enter the actual amount. An Italian corporation pays $Smillion in dividends to a US pension fund that owns part of its stock, paying them by checks drawn on a demand deposit the Italian firm owns in a New York bank (NOTE: a dividend is a way of paying profits as income to shareholders.) Debit Credit CA or FA? Dividend (amount) Demand deposit (amount) 2. Vail ski resorts in Colorado hires 200 ski instructors from Australia and pays them each $5,000 to work for the winter season, a total of $1 million in wages. Payments are made in checks drawn on an American banl Debit Credit CA or FA? Wages (amount) Demand deposit (amount) In which component of the CA (TB, NFIA, or NUT) do these wages enter