Required a. Show the effect of the above transactions on a statements model like the one shown as follows. In the Cash Flow column. Indicate whether the item is an operating activity (OA). an Investing activity (IA), or a financing activity (FA) If an element is not affected by the event, leave the cell blank. b. What was the total amount of sales tax pald In Year 1? cWhat was the total amount of sales tax collected In Year 1? d. What is the amount of the sales tax liability as of December 31. Year 1? e On which financial statement will the sales tax liability appear? ny , Complete this question by entering your answers in the tabs below. Req A Req B to E Show the effect of the above transactions on a statements model like the one shown as follows. In the Cash Flow column, indicate whether the item is an operating activity (OA), an investing activity (IA), or a financing activity (FA). If an element is not affected by the event, leave the cell blank. (Enter any decreases to account balances and cash outflows with a minus sign. Not all cells will require entry) Assets TOPECA SUPPLY Horizontal Statements Model Stockholder's Equity Income Statement Cominon Retained Stock Revenue Experise Net Income Eamings Event Liabilities Sales Tax Payable Cash Statement of Cash Flows 1. 2 3. + + + + + + Req B to E > Required a. Show the effect of the above transactions on a statements model like the one shown as follows. In the Cash Flow column. Indicate whether the item is an operating activity (OA). an Investing activity (IA), or a financing activity (FA) If an element is not affected by the event, leave the cell blank. b. What was the total amount of sales tax pald In Year 1? cWhat was the total amount of sales tax collected In Year 1? d. What is the amount of the sales tax liability as of December 31. Year 1? e On which financial statement will the sales tax liability appear? ny , Complete this question by entering your answers in the tabs below. Req A Req B to E Show the effect of the above transactions on a statements model like the one shown as follows. In the Cash Flow column, indicate whether the item is an operating activity (OA), an investing activity (IA), or a financing activity (FA). If an element is not affected by the event, leave the cell blank. (Enter any decreases to account balances and cash outflows with a minus sign. Not all cells will require entry) Assets TOPECA SUPPLY Horizontal Statements Model Stockholder's Equity Income Statement Cominon Retained Stock Revenue Experise Net Income Eamings Event Liabilities Sales Tax Payable Cash Statement of Cash Flows 1. 2 3. + + + + + + Req B to E >