3 parts to question thank you!!

[The following information applies to the questions displayed below) The following transactions apply to Ozark Sales for 2018: 1. The business was started when the company received $48.500 from the issue of common stock 2. Purchased equipment inventory of $177,500 on account 3. Sold equipment for $200,500 cash (not including sales tax). Sales tax of 6 percent is collected when the merchandise is sold. The merchandise had a cost of $125,500. 4. Provided a six-month warranty on the equipment sold. Based on industry estimates, the warranty claims would amount to 4 percent of sales 5. Paid the sales tax to the state agency on $150.500 of the sales 6. On September 1, 2018, borrowed $20,000 from the local bank. The note had a 7 percent interest rate and matured on March 1, 2019. 7. Paid $5,400 for warranty repairs during the year. 8. Paid operating expenses of $56,000 for the year 9. Paid $125,600 of accounts payable. 10. Recorded accrued interest on the note issued in transaction no. 6. Exercise 7-21 Part a Required a. Record the given transactions in a horizontal statements model like the following one (Enter any decreases to account balances and cash outflows with a minus sign. In the Cash Flow column, indicate whether the item is an operating activity (OA), an Investing activity (1A), or a financing activity (FA), and leave the cell blank if there is no effect. Do not round Intermediate calculations and round your answers to the nearest whole dollar amounts.) OLARK Horizontal Statements Model Balance Sheet Income Statement Assets + statement of Cash Stockholders' Equity Common Retained Sales Tax Payable Revenue - Expense - Inventory Warranty Payable Payable Required information Exercise 7-21 Part b b. Prepare the income statement, balance sheet, and statement of cash flows for 2018 Complete this question by entering your answers in the tabs below. Req B Inc Stmt Reg B Bal Sheet Req B Stmt Cash Flows Prepare the income statement for 2018. (Do not round intermediate calculations and round your answers to the nearest whole dollar amount.) OZARK SALES Income Statement For the Year Ended December 31, 2018 Total operating expenses 1 - Exercise 7-21 Current liabilities LO 7-1, 7-2, 7-4, 7-10 [The following information applies to the questions displayed below.) The following transactions apply to Ozark Sales for 2018: 1. The business was started when the company received $48,500 from the issue of common stock 2. Purchased equipment inventory of $177,500 on account 3. Sold equipment for $200,500 cash (not including sales tax). Sales tax of 6 percent is collected when the merchandise is sold. The merchandise had a cost of $125,500. 4. Provided a six-month warranty on the equipment sold. Based on industry estimates the warranty claims would amount to 4 percent of sales. 5. Paid the sales tax to the state agency on $150,500 of the sales 6. On September 1, 2018, borrowed $20,000 from the local bank. The note had a 7 percent interest rate and matured on March 1, 2019. 7. Paid $5,400 for warranty repairs during the year. 8. Pald operating expenses of $56,000 for the year. 9. Paid $125,600 of accounts payable. 10. Recorded accrued interest on the note issued in transaction no. 6. Exercise 7-21 Part c c. What is the total amount of current liabilities at December 31, 2018? (Do not round Intermediate calculations and round your answer to the nearest whole dollar amount.) Total current labates