Cash $ $16,900$

Inventory $25,000$

Common stock $30,000$

Retained earnings $11,900$

During Year $2,$ the company experienced the following events:

Purchased inventory that cost $$15,200$ on account from Ross Company under terms $1/10,$ n$/30.$ The merchandise was delivered FOB shipping point. Freight costs of $$200$ were paid in cash.

Returned $$800$ of the inventory that it had purchased because the inventory was damaged in transit. The seller agreed to pay the return freight cost.

Paid the amount due on its account payable to Ross Company within the cash discount period.

Sold inventory that had cost $$18,000$ for $$32,000$ on account, under terms $2/10,$ n$/45.$

Received merchandise returned from a customer. The merchandise originally cost $$800$ and was sold to the customer for $$1,500$ cash. The customer was paid $$1,500$ cash for the returned merchandise.

Delivered goods FOB destination in Event $4.$ Freight costs of $$140$ were paid in cash.

Collected the amount due on the account receivable within the discount period.

Took a physical count indicating that $$21,100$ of inventory was on hand at the end of the accounting period.

Required

Record each event in a statements model like the following one. In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity, or NC for net change in cash. If the element is not affected by the event, leave the cell blank. The first event is recorded as an example. $($Not every cell will require entry. Enter any decreases to account balances and cash outflows with a minus sign.$)$ May you please complete the missing columns from the photo showing the equation?