3. The Financial Statements provided by Jackson and Associates and the Financial Statements provided by PMI use different accounting methods (cash vs. accrual) and are therefore, not compatible. a. b. Recompute the Income Statement and Balance Sheet provided by PM] on December 31, 2011 to make the two years comparable. Recalculate the Statement of Cash Flows provided by PM for December 31, 2011 using the recalculated Income Statement and Balance Sheet as well as the correct beginning account balances. Discuss the differences between the Statement of Cash Flows provided by PMI and the Statement of Cash Flows prepared by you