Madison Company is a land management comporit that generates most of its revenues through leasing Hand: The company experienced the following events duting Year 2 1 Madson Company issued $822,000 of 10 year, 6 percent bonds on Januacy 1 , Year 2 . The bonds were issued at foce value. interest is payable in cash on Decernber 31 of each year. 2 Modison Company immediately invested all the proceeds from the bond issue in land. 2. 4. Madison Compary paid the interest on the bond on December 3t, Year 2 Required: Use a horizontai financial statements modei to show how eacti rvent affects the balance sheet, income statement, and statement of cash flows More specificaly, record the amounts of the events into the model Note: In the Cash Flow eolumn, tise OA to destgnate operating activity, IA for frvestment activity, FA for financling actluity, and Ne for net change in cesh. Enter any decreases to account balances ond cesh outflows with o minus sign. Not ell celis require input leave cells biank if there is no corresponding input needed. lows More specifically, record the amounts of the events into the model In the Cash Flow column, use OA to designate operating octivity, IA for investrment activity, FA for firsancing activity, and NC t cheage in cash. Enter any decreases to account balances and cash outlows with a minus sign. Not all cells require input cells blank if there is no corresponding input needed