ain Problem 1-2 Seaver Company was started on January 1, 2018, and experienced the following events during its first year of operation. Acquired $210,000 cash from the issue of common stock. Borrowed $280,000 cash from National Bank. Earned $336,000 of cash revenues for performing services. Paid $ 315,000 of cash expenses. Acquired an additional $140,000 cash from the issue of common stock. Paid $70,000 cash to reduce the principal balance of the bank note. Paid $371,000 cash to purchase land. 8 Determined that the market value of the land is $525,000 Paid a $7,000 cash dividend to the stockholders. REQUIRED Record the preceding transactions in the horizontal statements model. Also, in the Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). See "Horizontal Statements Model" file on Tritoned for guidance 6/27/20199:27 PM