The following events were completed by Dana's Imports in September, Year 1: September 1 Acquired $42,000 cash from the issue of coemon stock. September 1 Purchased $29,000 of merchandise on account with terms 2/10,n/30. September 5 Paid $550 cash for freight to obtain merchandise purchased on September 1 . September 8 Sold merchandise that cost $9,500 to customers for $15,500 on account, with terms 2/10, n/30. September 8 Returned $700 of defective merehandise from the September 1 purchase to the supplier. September 10 Paid cash for the balance due on the merchandise purchased on September 1. September 20 Received cash from customers of September 8 sale in settlement of the account balances, but not within the September 30 paid $2,900 cash for selling expenses. Required: a. Use a horizontal financial statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. More specifically, record the amounts of the events into the model. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). The first event is recorded as an example. b. Prepare an income statement for the month ending September 30. c. Prepare a statement of cash flows for the month ending September 30