Weib Manufacturing experienced the following events during its first accounting period: 1. Recognized revenue from cash sale of products. 2. Recognized cost of goods sold from sale referenced in Event 1. 3. Acquired cash by issuing common stock. 4. Paid cash to purchase raw materials that were used to make products. 5. Paid wages to production workers. 6. Paid salaries to administrative staff. 7. Recognized depreciation on manufacturing equipment. 8. Recognized depreciation on office furniture. Required Use a horizontal financial statements model to show how each event affects the GAAP-based balance s statement. Select Increase or Decrease to show the effect on each element. Also, for events that affect Cash Flows indicate whether the event is a financing activity (FA), an investing activity (IA), or an operati first transaction has been recorded as an example. Show accumulated depreciation as a decrease in the appropriate asset account. Note: Leave cells blank if no input is needed. Balance Sheet Horizontal Financial Statemen Event Number Assets = Stockholders' Equ Book Value Book Value Cash + Inventory + Manufacturing + Equipment Office Furniture = Common Stock + RE Re Ear 1 Increase + + + + Ind