On October 1. 2014. Daster Corporation declared an $81,000 cash dividend to be paid on December 15 to shareholders of record on November 1. 

Required

Record the events occurring on October 1 and December 15 in a horizontal statements model like the following one. In the Cash Flow column, indicate whether the item is an operating activity (OA). an investing activity (IA), or financing activity (FA). The letters NA indicate that an element is not affected by the event.

 

Date 10/01 11/01 12/15 Assets II. 11 II || Balance Sheet Liabilities + + + DASTER CORPORATION Horizontal Statements Model Stockholders' Equity Common Stock + + + Retained Revenue Earnings Income Statement 1 1 1 Expenses || 11 |||| Net Income Statement of Cash Flows