On December 30, Billy's Boat Yard (BBY) had $90,000 of cash $20,000 of liabilities, $30,000 of common stock, and $40,000 of unrestricted retained earnings. On December 31, BBY appropriated retained earnings in the amount of $18,000 for a future remodeling project. Required a. Record the December 31 appropriation in the following statements model. In the Cash Flow column, Indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). If an element was not affected by the event, leave the cell blank. b. Determine the amount of dividends that BBY can pay immediately after the December 31 appropriation. c. Determine the total amount of retained earnings immediately after the December 31 appropriation. d. Determine the total amount of cash immediately after the December 31 appropriation. Complete this question by entering your answers in the tabr holom Complete this question by entering your answers in the tabs below. Rega Reg B to D Record the December 31 appropriation in the following statements model. In the Cash Flow column, indicate whether the item is an operat financing activity (FA). If an element was not affected by the event, leave the cell blank. (Enter any decreases to account balances with an BBY CO. Horizontal Statements Model Balance Sheet Income Statement Statement of Cash Assets Llabilities + Stockholders' Equity Revenue Expense Net Income Flow Cash Common Appropriated Retained Stock Earnings Retained Earnings Roto > d. Determine the total amount of cash immediately after the December 31 appropriation. b. Dividends that BBY can pay immediately after the December 31 appropriation c. Retained earnings immediately after the December 31 appropriation d. Cash immediately after the December 31 appropriation