2. Helen decides to earn some extra money. She has 40 to start the business.

Day 1: buys 80 cartons of juice at 0.50 each and sold 70 at 0.80 each.

Day 2: buys 60 cartons of juice at 0.50 each and sold 65 at 0.80 each.

Day 3: buys 60 cartons of juice at 0.50 each and sold 20 at 0.80 each. The rest of the inventory was sold for 0.40 each.

Required:

Prepare an income statement, a statement of cash flows and a statement of financial position for each days trading.