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3 On May 1, Year 1, Love Corporation declared a $97,500 cash dividend to be pald on May 31 to shareholders of record on May

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3 On May 1, Year 1, Love Corporation declared a $97,500 cash dividend to be pald on May 31 to shareholders of record on May 15. Required Record the events occurring on May 1, May 15, and May 31 In a horizontal statements model. (In the Stetement of Cash Flows column, Indicate whether the ltem is an operating activity (OA), Investing actlvlty (IA), or financing actlvlty (FA). Use NA to Indicate that an element was not affected by the event. Enter any decreases to account balances with a minus sign.) 1.66 points LOVE CORPORATION eBook Horizontal Statements Model Balance Sheet Income Statement Hint Retained +Earnings Statement of Cash Flow LiabilitiesCommon Date May 1 May 15 May 31 Assets RevenueExpenseNet Income Stock Print

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