The following selected transactions apply to Topeca Supply for November and December, Year 1. November was the forst month of operations. Sales tax is coliected at the time of sale but is not pald to the state sales tax agency until the following month. 1. Cash sales for November, Year 1 were $65,500 plus sales tax of 6 percent. 2. Topeca Supply paid the November sales tax to the state agency on December 10 , Year 1 . 3. Cash sales for Decembes, Year I were $78,500 plus sales tax of 6 percent. Required a. Show the effect of the above transactions on a statements model like the one shown as follows. In the Cash Flow column, ind cate Whether the ilem is an operating activity (OA), an investing activity (AA), or a financing activity (FA). if an element is not affected by the event, leave the cell blank. b. What was the totat amount of sales tax paid in Year 1 ? c. What was the total amount of sales tax collected in Year 1? d. What is the amount of the sales tax liability as of December 31. Year 1? e. On which financial statement will the sales tax liability appear? Complete this question by entering your answers in the tabs below. Show the effect of the above transactions on a statements model like the one shown as foliows. In the Castilow column, indicate whether the item is an operating activity (OA), an investing activity (IA), or a financing activity (FA). If an element is not affected by the event, leave the cell blank. (Enter any decreases to account, balances and cash outlows with a minus sign, Not all cells will require entry.)