Required Indicate how these events would affect the balance sheet and income statement by recording them in a horizontal financial statements model as indicated here. The first event is recorded as an example. (Enter any decreases to account balances with a minus sign. For changes on the Statement of Cash Flows, Indicate whether the item is an operating activity (OA), investing activity (IA), financing activity (FA).) Balance Sheet Income Statement Event No. Assets Stockholders' Equity Cash Inventory + BWManuf Equip. + BV Office Furn Common stock Ret Ear. Rev. Exp. 1 60,000+ . . 60,000+ 2 . 3 + 4 . . + 50 + 22 . 6b 7a + + + 7b Total + Cash Flow Net Inc 60,000 FA