The second picture is the sample template for the problem 2-2. Please try your best to answer the question as given. THank you

Problem 2-1 $315,000 to its customers for services performed $121,500 of the amount billed In 2016, Sanders billed The company collected Sanders incurred Sanders paid Sanders acquired The company invested $72,000 of other operating expenses on account. $45,000 of the accounts payable $247,500 cash from the issue of common stock. $193,500 cash in the purchase of land REQUIRED 4/7/20177:19 AM Use the preceding information to answer the following questions. (Hint:ldentify the six events described in the paragraph and record them in a horizontal statements model before attempting to answer the questions.) a. What amount of revenue will Sanders report on the 2016 income statement? b. What amount of cash flow from revenue will Sanders report on the statement of cash flows? c. What is the net income for the period? d. What is the net cash flow from operating activities for the period? e. Why is the amount of net income different from the net cash flow from operating activities for the period? f. What is the amount of net cash flow from investing activities? g. What is the amount of net cash flow from financing activities? h. What amounts of total assets, liabilities, and equity will Sanders report on the year-end balance sheet? Problem 2-2 Acquired $157,500 cash from the issue of common stock. Provided services for $36,000 cash $99,000 of services on account. $63,000 cash from the account receivable created in Event 3 Provided Collected Paid Received Performed Paid Incurred 4 $8,100 cash to purchase supplies. Treat this transaction as Operating Expenses $19,800 cash in advance for services to be performed in the future 6 100.0% of the services agreed to in Event 6 $54,000 cash for salaries expense $12,600 of other operating expenses on account. REQUIRED Record the preceding transactions in the horizontal statements model. Also, in the Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). See "Horizontal Statements Model" file on TritonEd for guidance