REQUIRED INFO.

The following selected transactions apply to Topeca Supply for November and December Year $1.$ November was the first month of operations. Sales tax is collected at the time of sale but is not paid to the state sales tax agency until the following month.

$1.$ Cash sales for November Year $1$ were $$65,500$ plus sales tax of $7$ percent.

$2.$ Topeca Supply paid the November sales tax to the state agency on December $10,$ Year $1$

$3.$ Cash sales for December Year $1$ were $$81,500$ plus sales tax of $7$ percent.

REQUIRED

a$.$ Record the effect of the given transactions in a horizontal statements model.

a$.$ Record the effect of the given transactions in a horizontal statements model.

Note: In the Cash Flow column, use the initials $"$OA$"$ for operating activities, $"$FA$"$ for financing activities, and $"$IA$"$ for investing

activity. Enter any decreases to account balances and cash outflows with a minus sign. Not all cells require input.

Answer is complete but not entirely correct.

$*$note I have filled in what I know please figure out the boxes marked with a red X

Thank you!