Rainey Enterprises loaned $30,000 to Small Co. on June 1, Year 1, for one year at 6 percent interest Required Show the effects of the following transactions in a horizontal statements model. (Enter any decreases to account balances and cash outflows with a minus sign. For changes on the Statement of Cash Flows, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). Not all cells require input. Do not round intermediate calculations. Round your final answers to the nearest whole dollar.) (1) The loan to Small Co. (2) The adjustment at December 31, Year 1. (3) The adjustment and collection of the note on June 1, Year 2. RAINEY ENTE Horizontal Staten Balance Sheet Assets Liab Date Cash Notes Receivable + Interest Receivable