Required information {The following information applies to the questions displayed below} At the beginning of "fear 2, Oak Consutting had the following normal balances in its accounts: Account Balance Cash $ 42,333 Accounts receivable 25,333 Accounts payable 3,433 Common stock 24,333 Retained earnings 34,633 I The following events apply to Oak Consulting for Year 2: 1. Provided $185,000 of services on account. 2. Incurred $45,800 of operating expenses on account 3. Collected $140,000 of accounts receivable. 4. Paid $120,000 cash for salaries expense. 5. Paid $31,400 cash as a partial payment on accounts payable. 6. Paid a $10,000 cash dividend to the stockholders. c. Show the beginning balances and the transactions in a horizontal statements model. {Enter any decreases to account balances and cash outflows with a minus sign. In the Statement of Cash Flows column, use the initials 0A to designate operating activity, IA for investing activity. FA for nancing activity, and NC for net change in cash. Not all cells require input.)