Required information IThe following information applies to the questions displayed below.] The following transactions apgly to Hooper Co. for Yeat 1, ats first year of operations: 1. Issued $60.000 of common stock for cash: 2. Provided $90,000 of services on account 3. Colected $78,000 cash from accounts receivable. 4. Loaned $20,000 to Mosby Co. on November 30 . Year 1 . The note had a one year term to maturity and a 6 percent interest rate. 5. Paid $26,000 of sataries expense for the yeat. 6. Paid a $2,000 dividend to the stockholders. 7. Aecorded the accued interest on December 31, Year 1 (see item 4). 8. Extimated that 1 percent of service revenue will be uncollectible. Aequired a. Show the effects of these transactions in a horigontal statements model like the one shown below (Do not round your intermediate calculation and round your final answer to the nearest whole dollor. Enter any decreases to account balances with a minus sign. In the Cash Flow column, use OA to designate opecating activity, IA for investment activity, FA for finaneing activity, and NC for net change in cash. If there is no effect on the Statement of Cash Flow, leave the cell blank. Not alf cells will require entry.) inerest, rate. 5. Paid 526,000 of salaries expense for the yeac. 6. Paid a $2,000 dividend to the stocktholders. 7. Recorded the accrued interest on December 31, Year 1 (see item 4). 8. Estimated that 1 percent of service revenue wil be uncolectable. Requlred a. Show the effects of these transactions. in a horizontal statements model like the one shown below. foo not round your intermediate calculation and round your final answer to the nearest whole dollar. Enter any decreases to account balances with a minus sign. In the Cash Flow column, use OA to designate opetating activity, IA for investment activity, FA for financing activity, and NC for net change In cash. If there is no effect on the Statement of Cash Flow. leave the cell blank. Mot all cells will require entry.)