3. From the following Balance Sheets of 'X' company prepare statement showing changers in working capital and statement of sources and uses of funds- Particulars Account Balances Dec. 31st. 2004 2003 Assets- Cash 75,000 35,000 Accounts Receivable 90,000 98,000 Merchandise Inventory 120,000 87,000 Long-term investment 10,000 15,000 Land 30,000 20,000 325,000 255,000 Liabilities - Accounts Payable 45,000 50,000 Notes payable (short term) 35,000 20,000 Notes Payable (Due Dec. 2007) 20,000 Share Capital 150,000 125,000 Retained Earnings 75,000 60,000 325,000 255,000