1. Second Quiz Company's comparative balance sheets and income statement are presented below, along with additional information. Additional data: Prepaid expenses relate to rent paid in advance. Other expenses were paid in cash. Purchased equipment for $350 cash at the beginning of the current year. Issued $800 of common stock for cash during the current year. Recorded $50 of depreciation expense during the current year. Signed a $300 long-term note payable to the bank during the current year. [20 points] On the next page, prepare a cash flow statement for current year. Include a proper heading at the top and sections for cash flow from operations, cash flow from investing activities and cash flows from financing activities. Use the indirect format for cash flow from operations. 2. Selected financial data for Balboa Company are given below. Income statement data, year ending 12/31 Net sales (assume all on credit) Uncollectible accounts expense $33,400100$21,500110$19,20095 a. [5 points] Compute the accounts receivable turnover ratio for 2021 and 2020 . Show your work. A/R turnover for 2021= A.R tumover for 2020= b. [ 5 points] What amount of accounts receivable was collected in 2021 ? Show your calculations and circle your answer. c. [5 points] How much was the write off of uncollectible accounts in 2021 ? Show your calculations and circle your answer. 3. The TJX Companies, Inc., which operates the TJ Maxx, Marshalls, and HomeGoods chains, is the leading off-price apparel and home fashions retailer in the U.S. and worldwide. Presented here are selected recent income statement and balance sheet amounts (dollars in thousands). [5 points] Compute average assets for 2022 and 2021. Show the calculations and circle your answer. Average assets 2022 Average assets 2021 [5 points] Compute ROA for the 2022 and 2021. Show the calculations and circle your