can you explain please!!

Mark's on the Park (MOP) is a highly successful restaurant known for their weekend brunch. Given the success of the restaurant, one of Mark's friends Mr. Lowe asked for some financial help to open a similar restaurant in a nearby town. The following events relate to the loan from MOP to Mr. Lowe: 1. On March 1, Year 1, MOP loaned Mr. Lowe $70,200 for one year at 5 percent interest. 2. On December 31, Year 1, MOP recognized acerued interest on the loan 3. On March 1, Year 2, MOP recognized accrued interest. 4. On March 1, Year 2, MOP recognized the collection of the note including all interest Required: Use a horizontal financial statements model to show how each event affects the balance sheet, income statement, and statement of cash flow. More specilically, record the amounts of the events into the model. Note: In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity, and NC for net change in cash. Enter any decreases to account balances and cash outflows with a minus sign. Not all cells require an input-leave cells blank if there is no corresponding input needed