At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts. The following events apply to Oak Consulting for Year 2: 1. Provided $72,500 of services on account. 2. Incurred $2,500 of operating expenses on account. 3. Collected $50,500 of accounts receivable. 4. Paid $35,500 cash for salaries expense. 5. Paid $11,430 cash as a partial payment on accounts payable. 6. Paid a $9,400 cash dividend to the stockholders. xercise 3-22A (Algo) Part c Show the beginning balances and the transactions in a horizontal statements model. (Enter any decreases to account balances ad cash outflows with a minus sign. In the Statement of Cash Flows column, use the initials OA to designate operating activity, IA r investing activity, FA for financing activity, and NC for net change in cash. Not all cells require input.)