i need help with this extended account question

Dan Watson started a small merchandising business in Year 1 . The business experienced the following events during its first year of operation. Assume that Watson uses the perpetual inventory system. a. Acquired $27,500 cash from the issue of common stock b. Purchased inventory for $22,000 cash. c. Sold inventory costing $15,100 for $31,500 cash. Note: In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity, anu INC IC account balances and cash outfiows with a minus sign. Not all cells in the "Statement of Cash Flows" column may require an input input needed. Prepare an income statement for Year 1 (us What is the amount of total assets at the end of the period