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5 07 Check my work Required a. Record the given transactions in a horizontal statements model b. Prepare the income statement balance sheet and statement of cash flows for Year 1 c. What is the total amount of current liabilities at December 31 Year 1? 16.66 points Complete this question by entering your answers in the tabs below. Hand Per Rea egin Reg RS Sheet Cash Flows Roc Prepare the income statement for your 1. (round your wwwers to the nearest wiele dar) OZARK SALES Income Statement For the Year Ended December 31 Year Expenses Totat operating expenses Meqa Stmt Dal Sheet Req B Stmt Cash Flows Reqc Prepare the income statement for Year 1. (Round your answers to the nearest-whole dollar.) OZARK SALES Income Statement For the Year Ended December 31, Year 1 + st Expenses Total operating expenses 0