Question: please help... Record these events in a horizontal statements model. In the Cash Flow column, indicate whether the item is an operating activity (OA), investing

please help...

Record these events in a horizontal statements model. In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). If an element was not affected by the event, leave the cell blank. MERCURY CORPORATION Horizontal Statements Model Balance Sheet Income Statement Statement of Ca Assets Stockholders' Equity Revenue 1 Expense = Net Income Flow Event Cash Preferred Common Stock + PIC in Stock Excess 1 1 - Issue of CS 90,000 + + + 11 2 - Issue of PS 126,000 108,000 + + 11

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