The following events apply to Gur Seafood for the Year fiscal year 1 The company started when started when it coured 3000 cash by issuing common stock 2. Purchased a new cooktop that cost $1.000 ch 3. Eamed $22.400 in cash revenue 4. Paid $10 100 cash for salaries expense 5. Adjusted the records to reflect the use of the Cooktop. Purchased on January 1 Yeart the cooktop has an expected useful life of four years and an estimated salvage value of $2.500Use straight-line depreciation. The adjusting entry was made as of December 31, Yeart Award 142 points Required a. Record the above transactions in a horizontal statements model in the Cash Flow column, indicate whether the item is an operating activity (OAan investing activity (A), a financing activity (FA) and net change in cash (NC) Enter any decreases to account balances and cash outflows with a minus sign. Not all cells in the Statement of Cash Flows column may require an input- leave cells blank if there is no corresponding input needed.) GULF SEAFOOD Horizontal Statements Model statement of Cash Cash . E nt