The following selected transactions apply to Topeco Supply for November and December, Year 1. November was the first month or operations. Sales tax is collected at the time of sale but is not paid to the stato sales tax agency until the following month 1. Cash sales for November Year 1 were $165,000 plus sales tox of 7 percent 2. Topeca Supply paid the November sales tax to the state agency on December 10, Year 1. 3. Cash sales for December Year 1 were $180,000 plus soles tax of 7 percent. ces Required a. Show the effect of the above transactions on a statements model like the one shown as follows. In the Cash Flow column, indicate whether the item is an operating activity (OA), an investing activity (A), or a financing activity (FA). If an element is not affected by the event, leave the cell blank b. What was the total amount of sales tax paid In Year 17 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 17 e. On which financial statement will the sales tax liability appear? Complete this question by entering your answers in the tabs below. RA Reg to Show the effect of the above transactions on a statements model like the one shown as follows. In the Cash Flow column, indicate whether the item is an op 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 a balances and cash outflows with a minus sign. Not all cells will require entry) Complete this question by entering your answers in the tabs below. Req A Reg to Show the effect of the above transactions on a statements model like the one shown as follows. In the Cash Flow column, indicate whether the item is an op 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 balances and cash outflows with a minus sign. Not all cells will require entry.) Assets Event TOPECA SUPPLY Horizontal Statomonta Model Stockholders Equity Income Statement Common Retained Stock Emmings Revenue Expono - Nel Income 165,000 165,000 165,000 abilities Sales TX Payable Canh Statement of Cash Bows 1 2 3 + TOA OA OA 180.000 180,000 190,000 RA Req B to E> Complete the question by entering your answers in the tabs below. Req A Reg B to E ok 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 17 e. On which financial statement will the sales tax liability appear? at Show le ices b. Sales tax paid C. Sales tax collected d. Sales tax liability e. The liability is shown on the