The following transactions apply to Ozark Sales for 2018 e business was started when the company received $49,500 from the issue of common stock 2 Purchased equipment inventory of $176,000 on account. 3. Sold equipment for $195,000 cash (not including sales tax). Sales tax of 6 percent is collected when the merchandise is sold. The merchandise had a cost of $120.000. nty on the equipment sold. Based on industry estimates, the warranty claims would amount to 5 percent of sales 5. Paid the sales tax to the state agency on $145.000 of the sales. 6. On September 1, 2018, borrowed $21,000 from the local bank. The note had a 5 percent interest rate and matured,on March 1, 2019 7. Paid $5.700 for warranty repairs during the year. 8. Paid operating expenses of $55.500 for the year 9. Paid $125,900 of accounts payable 10. Recorded accrued interest on the note issued in transaction no. 6. Required a. Record the given transactions in a horizontal statements model like the following one (Enter any decreases to account balances and cash outflows with o minus sign. "In the Cash Flow column, indicate whether the item is an operating activity (OA), an investing activity (IA), or a financing activity (FA) and NA for not affected. Do not round intermediate celculations and round your answers to the nearest whole dollar amount.)