Describe how the following transactions of Sun Microsystems Inc. would affect the three elements of the accounting equation.A. Paid research and development expenses for the current year.B. Purchased machinery and equipment for cash.C. Received cash from issuing stock.D. Received cash from the issuance of long-term debt.E. Made cash sales.F. Paid selling expenses.G. Paid employee pension expenses for the current year.H. Received proceeds from selling a portion of manufacturing operation for a gain on the sale.I. Paid officer salaries.J. Paid taxes.K. Paid off long-term debt.L. Paid dividends.Choices for Answers:decrease in assets and decrease in stockholders equityincrease in assets and decrease in assetsincrease in assets and increase in stockholders equityincrease in assets and increase in liabilitiesincrease in assets decrease in assets and increase in stockholders equitydecrease in assets and decrease in liabilities