Can you explain please!!

The following events apply to Gulf Seafood for the Year 1 fiscal year: 1. The company started when it acquired $19,000 cash by issuing common stock 2. Purchased a new cooktop that cost $15,400cash 3. Earned $20,300 in cash revenue. 4. Paid $11,000 cash for salaries expense. 5. Adjusted the records to reflect the use of the cooktop. Purchased on January 1, Year 1, the cooktop has an expected useful life of four years and an estimated salvage value of $2.100. Use straight-line depreciation. The adjustment was made as of December 31, Year 1. Required: a. Record the above transactions in a horizontal statements model Note: In the Statement of Cosh Flows column, use the initials (OA), on investing activity (IA), a financing octivity (FA) ond net chonge in cash (NC). Enter ony decreases to account bolonces and cosh outflows with a minus sign. Not all cells require input