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The following information pertains to Rising Suns Corporation at January 1, Year 2. Rising Sum completed the following events during vear 2 1. Issued 5320

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The following information pertains to Rising Suns Corporation at January 1, Year 2. Rising Sum completed the following events during vear 2 1. Issued 5320 thares of $20 par common stock for $30 per sture 2. Repurchased 1,320 shares of its own common stock for $2.5 per share 3. Resold 660 shares of treatury stock for $30 pet share. Required: Use a horizontal financial statements model to show how eacti event affects she balance sheet income statement and statenent of cash flows. Mote specifically, record the amounts of the events into the model. Also, in the Statement of Cash Flows column, classify the cash flows as operating octivities fOM), investing activises (M), or finarking activities (FA). Note: Enter eny decreases to eccount belences and cesh outtlows with o minus sign. Leave cetis biank if no input is needed

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