a. Record the events in a horizontal statement model. In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity, or NC for net change in cash. If the element is not affected by the event, leave the cell blank. b. Prepare an income statement for 2018 (use the multistep format). c. What is the amount of total assets at the end of the period? Complete this question by entering your answers in the tabs below. Required A Required B Required Record the events in a horizontal statement model. In the Cash Flow column, use OA to designate operating activity, IA for investment activity, activity, or NC for net change in cash. If the element is not affected by the event, leave the cell blank. (Not every cell will require entry. Enter a account balances and cash outflows with a minus sign.) ences Assets DAN WATSON MERCHANDISING Effect of Events on Fianancial Statements Stockholders' Equity Common R etained Revenue - Expenses Stock Earnings Net Event " Cash - - Inventory Statement of Cash Flows a. Record the events in a horizontal statement model. In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity, or NC for net change in cash. If the element is not affected by the event, leave the cell blank. b. Prepare an income statement for 2018 (use the multistep format). c. What is the amount of total assets at the end of the period? Complete this question by entering your answers in the tabs below. Required A Required B Required Record the events in a horizontal statement model. In the Cash Flow column, use OA to designate operating activity, IA for investment activity, activity, or NC for net change in cash. If the element is not affected by the event, leave the cell blank. (Not every cell will require entry. Enter a account balances and cash outflows with a minus sign.) ences Assets DAN WATSON MERCHANDISING Effect of Events on Fianancial Statements Stockholders' Equity Common R etained Revenue - Expenses Stock Earnings Net Event " Cash - - Inventory Statement of Cash Flows