The following events apply to Lewis and Harper, a public accounting firm, for the Year 1 accounting period: Performed $62,000 of services for clients on account. Performed $40,000 of services for cash. Incurred $28,000 of other operating expenses on account. Paid $15,000 cash to an employee for salary. Collected $50,000 cash from accounts receivable. Paid $15,000 cash on accounts payable. Paid a $5,000 cash dividend to the stockholders. Accrued salaries were $2,000 at the end of Year 1. Required a. Show the effects of the events on the financial statements using a horizontal statements model like the following one. In the Statement of Cash Flows column, use OA to designate operating activity, IA for investment