Required information The following information apples to the queistions displayed below 1 Sye Chase: 5tasted and operated a small family architectural firm in Year 1 . The tirm was atfected by two events (i) Chase provided $16,700 of services on accotht, and (2) he pugchased $7300 of supplies on occount. There were $1,200 of supplies on hand as of Decomber 3. Year, 1 C. Show the abowe transactions in a horizontal statements model. (Enter any decreases to account balances and cash outllows with minus sign. In the Statement of Cash Flows column, use the initials OA to designate operating activity, IA for investing activity. FA for financing activity and NC for net change in cash. Not all cells require input.)