The following selected transactions apply to Topeco Supply for November and December Year 1. November was the first month of operations Sales tox is collected at the time of sale but is not paid to the state sales tax agency until the following months 1. Cash sales for November, Year 1 were $64,500 plus sales tax of 9 percent 2. Topeca Supply paid the November sales tax to the state agency on December 10, Year 1. 3. Cosh sales for December, Year 1 were $80,500 plus sales tax of 9 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, 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 1? c. What was the total amount of sales tax collected in Year 17 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. RA Reto 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 on element is not affected by the event, leave the cell tracter anderen tances and oth outflows with a minus sign. Not of cells will require entry wees My Ayu WHOLUS Ver Reg A Req B to e Show the effect of the above transactions on a statements model like the one shown as follows. In the Cash Flow columnn, Indicate whether the ite balances and cash outflows with a minus sign. Not all cells will require entry) 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 dec Asset TOPECA SUPPLY Horizontal Statements Model Stockholder's Equity Income Statement Common Retained Stock Flavenue Fixpenso Net Income Libilitie Sales Tax Payable Event Suntament of Cash Flows 1 2 3 Roto > Complete this question by entering your answers in the tabs below. Req A Req B to E 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? b. Sales tax pald c. Sales tax collected d. Sales tax liability o. The liability is shown on the ( ReqA