Music Flow is a streaming music service specialzing in podcasts. Music Flow generates revenue through subscriptions which requires customers to pay using a credit card. Consider the following events for Music Flow in Year 1 1. Music Flow earned $500,000 of subscription revenue during Year 1. 2. Music Flow submitted the credit card recelpts to the credit card company immediately. The credit card company paid Music Flow cash in the amount of face value less a 5 percent service charge. Required: Use a horizontal financial statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. More specifically, record the amounts of the events into the model. Note: In the Cosh Flow column, use OA to designate operating octivity, IA for Investment octivity, FA for financing octivity, and NC for net change in cosh. Enter any decreases to occount balences and cash outfows with o minus sign. Not all celis require an Input - leave celis blank if there is no corresponding input needed