On December 31, Year 1, BIG Company had accrued salaries of $6,400. Required a. Record in general journal format the adjustment required as of December 31, Year 1. b. Show the above adjustment in a horizontal statements model. c-1. Determine the amount of net income BIG would report on the Year 1 income staternent, assuming that BIG received $36,000 of cash revenue. c-2. What is the amount of net cash flow from operating activities for Year 1? d. What amount of salaries payable would BIG report on the December 31, Year 1, balance sheet? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req A Req B Req C and D Record in general journal format the adjustment required as of December 31, Year 1. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Date General Journal 1 December 31 Salaries expense Salaries payable Req A Req B > Debit Credit 10,300 10,300 Req A Req B Req C and D Show the above adjustment in a horizontal statements model. (Enter any decreases to account balances and cash outflows with a minus Statement of Cash Flows column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity, and change in cash. Not all cells require input.) BIG COMPANY Horizontal Statements Model for Year 1 Balance Sheet Income Statement Stockholders' Statement of Liabilities Event Equity Cash Flows Assets Salaries Retained Net Revenue Expenses Payable Earnings Income 1. 10,300 (10,300) 10,300 (10,300) OA < Req A Req C and D > b. Show the above adjustment in a horizontal statements model. c-1. Determine the amount of net income BIG would report on the Year 1 income statement, assuming that BIG received $36,000 of cash revenue. c-2. What is the amount of net cash flow from operating activities for Year 1? d. What amount of salaries payable would BIG report on the December 31, Year 1, balance sheet? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req A Req B Req C and D c-1. Determine the amount of net income BIG would report on the Year 1 income statement, assuming that BIG received $36,000 of cash revenue. c-2. What is the amount of net cash flow from operating activities for Year 1? d. What amount of salaries payable would BIG report on the December 31, Year 1, balance sheet? Amount Net income $ 15,900 1. -0 20 Net cash flow from operating activities $ 26,200 2. d. Salaries payable 10,300