The following transactions apply to Hahn Co. for 2018, its first year of operations 1 Issued $840,000 of common stock for cash. 2 Loaned $87,500 to CA Co. on September 1, 2018. The note had a one-year term to maturity and an 5% interest rate. All monies will be collected on Aug 31 2019 3 Recorded the accrued interest income on December 31, 2018 (see item 2). 4 Provided $686,000 of services on account 5 Paid $259,000 of salaries expense for the year 6 Uncollectible accounts expense is estimated to be 4.0% of service revenue on account 7 Collected $539,000 cash from accounts receivable. 8 Paid a $19,600 dividend to the stockholders. a b. REQUIRED Show the effects of the above transactions in a horizontal statements model. Prepare the income statement, balance sheet, and statement of cash flows for 2018