Bramble Berry Creamery has been making homemade ice cream for the last 50 years. The company experienced the following events during its most recent year of operations:

1. Paid $64,000 cash for the purchase of cream to be used to make ice cream.
2. Paid $25,000 cash for the salaries of the sales staff.
3. Paid $60,000 cash to the factory workers for hourly wages incurred.

Required:

Use a horizontal financial statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. More specifically, record the amounts of the events into the model. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA).