Explain how each of the following events or series of events and the related adjusting entry will affect the amount of net income and the amount of cash flow from operating activities reported on the year end financial statements. Identify the direction of change (increase, decrease, or NA) and the amount of the change. Organize your answers according to the following table. The first event is recorded as an example. If an event does not have a related adjusting entry, record only the effects of the event.

a. Acquired $60,000 cash from the issue of common stock. 
b. Earned $20,000 of revenue on account. Collected $15,000 cash from accounts receivable. 
c. Paid $4,800 cash on October 1 to purchase a one year insurance policy. 
d. Collected $12,000 in advance for services to be performed in the future. The contract called for services to start on August 1 and to continue for one year. 
e. Accrued salaries amounting to $5,000. 
f. Sold land that cost $15,000 for $15,000 cash. 
g. Provided services for $9,200 cash. 
h. Purchased $2,000 of supplies on account. Paid $1,500 cash on accounts payable. The ending balance in the Supplies account, after adjustment, was $800. 
i. Paid cash for other operating expenses of $2,200.