3. Trace the "cash journey through this company's income statement and balance sheet. You only need to show the accounts affected. For example, "the owner invests $10,000 in cash into the business would be recorded as follows: Balance sheet Cash $10,0000 Owner's equity $10,000 a. The owner invests $50,000 in cash into the business. b. c. The business purchases $40,000 of inventory for cash. The business sells the $40,000 of inventory for $60,000. The business earns $20,000 in profit and transfers this amount to the balance sheet. d. 4. An entrepreneur offers the Sharks on Shark Tank 10 percent of her business for $100.000. Mark Cuban accepts this offer and invests $100,000 in the business. If this is the first outside investment in this company, what is its current valuation? Why