Required a. Show how these events affect the balance sheet, income statement, and statement of cash flows by recording them in a horizontal financial statements model. (Enter any decreases to account balances and cash outflows with a minus sign. In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), financing activity (FA), or NA for not affected.) ANTIOCH COMPANY Financial Statements Model Assets -Stockholders' Equity Income Statement Event No Work in Finished+ Office Furniture ManufacturingCommon Stock Retained Earnings Cash Raw s +Goods RevenueExpense Net Income Materials+Proces Equipment Invento 677,000 65,000 + 33,000+ 45,000+ 588,000+ 232,000 10 12. 13 Total 677,000+ 65,000+ 33,000+ 45,000 0 0 588,000 232000 0 0 0 Statement of Cash Flow Net Income