3)Consider a firm that buys $600 worth raw material to produce goods in Period 1, but makes the payment in two equal amounts with a delay in Period 2 and Period 3. In Period 2, it sells one-third of those goods for $300 and collects the payment with a delay in Period 3. In Period 3, it also sells another one-third of those goods for $400 and collects the payment with a delay in Period 4. In Period 4, it sells the final one-third of those goods for $450 and collects the payment with a delay in Period 5. Based on this information, fill the blanks in the following table. Explain your reasoning (correct answers without satisfactory explanations will not get credit) Period 1 Period 2 Period 3 Period 4 Period 5 Sales Net Income Cash Flow Inventories (x) Receivables (y) Payables (z) Note: Pay attention to the fact that sales, net income, and cash flow are "flow" variables whereas inventories, receivables and payables are "stock" variables. Assume that initial values of inventories, receivables and payables are x, y, and z respectively