Required information P9-2 (Algo) Recording and Reporting Current Liabilities with Discussion of Cash Flow Effects LO9-1, 9-5 [The following information applies to the questions displayed below.] Roger Company completed the following transactions during Year 1. Roger's fiscal year ends on December 31. Jan. 8 Purchased merchandise for resale on account. The invoice amount was $14,810; assume a perpetual inventory system. 17 Paid January 8 invoice. Apr. 1 Borrowed $48,000 from National Bank for general use; signed a 12-month, 13\% annual interest-bearing note for the money. June 3 Purchased merchandise for resale on account. The invoice amount was $17,420. July 5 Paid June 3 invoice. Aug. 1 Rented office space in one of Roger's buildings to another company and collected six months' rent in advance amounting to $27,000. Dec. 20 Received a $210 deposit from a customer as a guarantee to return a trailer borrowed for 30 days. 31 Determined wages of $10,500 were earned but not yet paid on December 31 (disregard payroll taxes). P9-2 Part 4 4. For each transaction, state whether operating cash flows increase, decrease, or are not affected. (Select "NE" if there is no effect.)