15 P 1. Analyze each transaction listed in the table that follows and place Xs in theappropriate columns to indicate the transactions classification and its effect oncash flows using the indirect method.16. P5. Lim Corporation engaged in the transactions listed in the first column ofthe following table. Opposite each transaction is a ratio and space to indicate theeffect of each transaction on the ratio.Show that you understand the effect of business activities on performance measuresby placing an X in the appropriate column to show whether the transactionincreased decreased or had no effect on the indicated ratio.Please let me know if you need me to resend the spreadsheets.