! 6 Required information The following information applies to the questions displayed below At the beginning of Year 2. Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings $ 29,300 17.300 12,900 20.500 13.200 The following events apply to Oak Consulting for Year 2 1. Provided $73.800 of services on account 2. Incurred $2.500 of operating expenses on account 3. Collected $47,300 of accounts receivable 4. Paid $33,500 cash for salaries expense 5. Paid $13.860 cash as a partial payment on accounts payable 6. Paid a $9,100 cash dividend to the stockholders c. Show the beginning balances and the transactions in a horizontal statements modal (Enter any decreases to account balances and cash outflows with a minus sign. In the Statement of Cash Flows column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity, and NC for net change in cash. Not all cells require input) A is not complete 16 nning balances and the transactions in a horizontal statements model (Enter any decreases to account balances vs with a minus sign. In the Statement of Cash Flows column, use the initials OA to designate operating activity, IA Ivity, FA for financing activity, and NC for net change in cash. Not all cells require input.) Answer is not complete. Assets Accounts Receivable 17.300 - 73,600 Bleient of Cash How OAK CONSULTINO Effect of Transactions on the Financial Statements for You Balance Sheet La income Statement Stockholders' Equity Accounts Connon Retained Espent Reven Payable Stock Earnings 12.900 20.500- 13200 73.900 73.800 - 2,500 (2.500) 2.500 Net Icon 73.800 731800 12,600) 2.5001 ox (47 300) 33,500) 33.500 33.500) . 115,800) 19.100) 41.300 73,500 30,000 37100 - 74.100 43.800 20.500 1.540