Need help with the Income Statement, Statement of Cash Flows and with the full + or - chart

The trial balance of Pacilio Security Services, Incorporated as of January 1, Year 2, was as follows: Cash $ 8,500 Land 4,000 Notes Payable 5,000 Common Stock 6,000 Retained Earnings 1,500 Durling Year 2, Pacilio Security Services experienced the following transactions: 1. Acquired an additional $2,000 from the issue of common stock. 2. Paid $3,000 on the debt owed to the Small Business Government Agency. The loan is interest-free. 3. Performed $21,000 of security services for numerous local events during the year: $15,000 was on account and $6,000 was cash. 1. On May 1, rented a small office building. Paid $2,400 for 12 months' rent in advance. 5. Purchased supplies pn account for $650. 5. Pald salaries expense for the year of $8,000. 7. Incurred other operating expenses on account, $6,200, 3. On September 1, Year 2, a customer paid $600 for services to be provided over the next six months. 7. Collected $13,500 of accounts receivable during the year. ). Paid $5,800 on accounts payable. 1. Paid $1,500 of advertising expenses for the year. 2. Paid a cash dividend to the shareholders of $1,000 3. The market value of the land was determined to be $5,000 at December 31, Year 2 Information for Adjustments 1. There was $65 of supplies on hand at the end of the year. 5. Recognized the expired rent. 5. Recognized the revenue earned from Transaction 8. 7. Accrued salaries were $1,200 at December 31, Year 2 Required a. Show the effects of the events on the financial statements using the horizontal statements model given below. In the Cash Flows column, use OA to designate operating activity, IA for investing activity, FA for financing activity, and NC for net change in cash. If the element is not affected by the event, leave the cell blank. The beginning balances have been recorded as an example. b. Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Year 2 c. Indicate whether the transaction increases (*), decreases (-), or increases and decreases (+/-) for each element of the financial statements. Also, in the Cash Flow column, use the letters OA to designate operating activity, IA for investing activity, FA for financing activity. The first transaction is recorded as an example, PACO RECUR TYEES INCORPORATED Modera Supple Land Oy FF 500 8.300 terre DANCE 2000 TO DO . 2 - 110 COM . 2000 ci 02.10 . . 11.500 . . . . - . 1.00 12. TE 15 . 000 103 - . - 00 17 To . + 1892 etc 000 G 600 200 4000 1700 200 - PACILIO SECURITY SERVICES, INCORPORATED Horizontal Statements Model for Year 2 Balance Sheet Income Statement Statement of Cash Flows Event Assets E Llabilities + Stockholders' Equity Revenues Expenses Net Income + FA 1. 2 3 4. 5 6 7. 9 10 11 12 13 14 15 16. 17