A LUMPaldive Idldnice sheet and income statement is shown for Fantastic Company (2018, 2019),2019 2018 Fantastic Company Comparative Balance Sheets folk December 31, 2019 2019 Assets Cash $ 63, 600 Accounts receivable, net 27,400 Inventory 57,400 Prepaid expenses 3,500 Total current assets 151, 900 Furniture 70,500 Accum. depreciation - Furniture (10.900) Total assets $211, 500 Liabilities and Equity Accounts payable $ 10,000 Wages payable 6,000 Income taxes payable 1,000 Total current liabilities 17,000 Notes payable (long-term) 20,700 Total liabilities 37, 700 Equity 153, 600 Common stock, $5 par value 20, 200 Retained earnings $ 15,900 33, 700 63,300 2,900 115, 800 82,200 (6,200) $191, 800 $ 14, 100 3,300 1,800 19, 200 47, 800 67,000 124, 000 800 Next Operating y(: (Amounts to be deducted should be indicated with a minus sign. RTLERS) Cash flows from operating activities Adjustments to reconcile net income to operating cash flow Income statement items not affecting cash Changes in current operating assets and liabilities Next 8 of 10