1 Acquired $50, 800 cash from the issue of comon stock. 1 Purchased $28, 140 of merchandise on account with turns 2/10, w/ 30. ed 5 Paid yezd cash for Freight to obtain merchandise purchased on September 3 Sold merchandise that cost $15, God to customers for $31, ded on account, with terms 2/10, n/se. H Returned 9609 of defective merchandise from the September 1 purchase to The supplier. 10 Paid cash for the balance due on the merchandise purchased on September 1. 18 Received cash from customers of September A sale in settlement of the account balances, but not within the discount period. 30 Paid $2, 450 cash for selling expenses. Required n. Record mach event in a statements model like the following one. In the Cash Flow column, use Of to designate operating activity LA for Investment activity, FA for financing activity, or NC for net change in cash, If the element is not affected by the event, lunve the cell blank. The first event is recorded as an example. b. Prepare an income statement for the month ending September 30 c Prepare a statement of cash flows for the month ending September 30