Monroe incorporated began the Year 2 accounting period with $5,000 cash, $2,500 of common stock, and $2,500 of retained earnings. The company was affected by the following accounting events related to the purchase of supplies during Year 2 1. Purchased $900 of supplies on account. 2 Adjusted the records to reflect the use of supplies. A physical count indicated that $350 of supplies was still on hand on December 31. Year 2 Required: Show the effects of the events on the financial statements using a horizontal statements model. The beginning balances are entered for you. Note: In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity, and NC for net chenge in cosh. Enter any decreoses to account bolances and cash outflows with a minus sign. Not all cells require input . leave cells blank if there is no corresponding input needed