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 Balance $26,500 22,400 11,600 24,200 13,100 The following events apply to Oak Consulting for Year 2: 1. Provided $72,500 of services on account. 2. Incurred $3,100 of operating expenses on account. 3. Collected $49,600 of accounts receivable. 4. Paid $33,100 cash for salaries expense. 5. Paid $13,230 cash as a partial payment on accounts payable. 6. Paid a $8,100 cash dividend to the stockholders. Exercise 3-22A (Algo) Part c c. Show the beginning balances and the transactions in a horizontal statements model. (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.)