1 Q5. Based on the financial statements provided below, please fill the green cells in BBB Corporation's Balance Sheet in 2018. (10 points) 2 3 4 BBB Corporation Income Statement BBB Corporation Cash Flow Statement 2018 5 Fiscal Year End, 2018 Operating Activity 6 Revenues 220,500.0 Net Income 26,700 7 Cost of goods sold -126,000.0 Depreciation expense 10,500 8 Accounts Receivable -26,625 9 Gross Profit 94,500.0 Inventory 9,000 10 Operating Expenses Accounts Payable -7,500 11 Depreciation expense -10,500.0 Accrued Salaries Payable -3,750 12 Salary expense -21,900.0 Rent Expense Payable 1,800 13 Insurance Expense -3,750.0 Income Tax Payable 4,350 14 Rent Expense -15,000.0 15 Interest Expense -6,300.0 Cash Flow from Operating Activity 14,475 16 17 Total Operating Expenses -57,450.0 Investing Activity 18 Income from Operations 37,050.0 Equipment -5,250 19 Income Tax Expense -10,350.01 Land -22,500 20 21 Net income 26,700.00 Cash Flow from Investing Activity -27,750 22 23 Financing Activity 24 BBB Corporation Balance Sheet Long-term note payable 30,000 25 2017 2018 Common stock 18,000 26 Assets Dividend -9,375 27 Cash and cash equivalents 37,500.0 28 Accounts Receivable 9,375.0 Cash Flow from Financing Activity 38,625 29 Inventory 54,000.0 30 Change in Cash 25,350 31 Current Assets 100,875.0 32 Equipment 57,750.0 33 Less: Accumulated depreciation -10,500.0 34 Land 15,000.0 35 36 Total assets 163,125.0 37 38 Liabilities 39 Accounts Payable 33,750.0 40 Accrued Salaries Payable 12,000.0 41 Rent Expense Payable 1,500.0 42 Income Tax Payable 6,000.0 43 44 Current Liabilities 53,250.0 45 Long-term note payable 45,000.0 46 Total Liabilities 98,250.0 47 Stockholders' Equity Common stock 45,000.0 49 Retained earnings 19,875.0 50 51 Total liabilities and stockholders' equity 163,125.0 52 53