Joe Roberts, a retired navy seal operator, started Speclal Ops Security which focuses on providing personal protectlon to high profile Individuals. The company experlenced the following events during its first year of operations, Year 1 : 1. Acquired $634,000 cash from the Issuance of common stock. 2. Speclal Ops Security incurred $162,500 of operating expenses on account during Year 1. 3. The company made cash payments of $125,500 to reduce its accounts payable during Year 1. Required: Use a horizontal financlal statements model to show how each event affects the balance sheet, Income statement, and statement of cash flows. More speclfically, record the amounts of the events into the model. The first transactlon is shown as an example. Note: In the Cash Flow column, use OA to designate operating activity, IA for investment activity. FA for financing actlvity, and NC for net change in cash. Enter any decreases to account balances and cash outflows with a minus slgn. Not all cells require an Input - leave cells blank if there is no corresponding input needed.