6. Updating Frosty Cofs nancial statements: a. Based on the canceling entries you made in Questions 14 and your answers to Question 5. make any necessary changes to Frosty Co.'s income statement {see Table 3). Your new Income Statement should include four simple footnotes summarizing how you chose to treat each of the four adjustments. b. Based on your correcting entries and your changes to the income statement, make any necessary changes to Frosty Co.'s balance sheet (see Table 4). c. If necessary. update Frosty Co.'s statement of cash flows (see Table 5)