b. Show the effect of above adfurtment in a forizontol statements model Nole Enier any decreases to account balances and cach outhows with a minus sign. In the Statement of Cash Flows column, use the inittals OA to designate operating activity. IA for investing activity. FA for financing activity, and NC for net Change in cashi Not all cells require input. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. c-1. Determine the amount of net income BIG would report on the Year fincome statemers, ascuming that 316 receved $20,500 of cash revenuo. c.2. What is the amourt of net cash flow from operating activites for Year 1 ? d. What arnourt of salarles payabie would BIG report on the December 31, Year 1 , balance sheut? Exerclse 13-16A (Algo) Recording occrued salarles and Identifying their effect on financial statements LO 13.2 On December 3t, Year 1, BiG Company had accrued salanea of $8,250. Required a. Record in general journai format the adjustment required as of December 31, Yoar 1 Note if no entry is required for a transactionievent, select "No journal entry required" in the first account field