The following selected transactions apply to Topeca Supply for November and December, Year 1. November was the first month of operations. Sales tax ts collected at the time of sale but is not poid to the state sales tax apency until the following month. 1. Cash sales for November, Year 1 , were $165,000 plus sales tax of 7 percent. 2. Topeca Supply paid the November sales tax to the state agency on December 10 , Year 1. 3. Cash sales for Decembec, Year 1 , were $180,000 plus sales tax of 7 percent. 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 opetating activities (OA), investing activities (A), or financing activities (FA). b. What was the total 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 liablify appear? Complete this question by entering your answers in the tabs below. Use a horizontai 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 noms as operating activities (OA), investing activities (IA), or financing activities (FA). Note: Enter any decreases to account balances and cavh outhows with a minus sign. Leave celis blank if no input is needed