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Required Q. Show the credit card sales (Event 1) and the subsequent collection of accounts receivable (Event 2) in a horizontal statements model like the one shown next. In the Statement of Cash Flows column, Indicate whether the item is an operating activity (OA), Investing activity (IA), or financing activity (FA). Use NA to indicate that an element is not affected by the event. (Enter any decreases to account balances with a minus sign. Round your answers to nearest whole dollar.) Balance Sheet Assets Liab. Acct. Rec. ULTRA DAY SPA Horizontal Statements Model Income Statement Equity Rel. Ear. Revenue - Expense - Net Income Statement of Cash Flows Event Cash -onces b. Based on this information alone, answer the following questions (1) What is the amount of total assets at the end of the accounting period? (2) What is the amount of revenue reported on the income statement? (3) What is the amount of cash flow from operating activities reported on the statement of cash flows? (Round your answers to nearest whole dollar.) (1) Total assets (2) Revenue recognized a Cash flow from operating active 1 2 3