Analyze the Balance Sheet below. Complete the following: What are the red flags identified on the financial statement. Calculate the relevant ratios? What changes are evident? What fraud scheme could be present and why? What are your detection steps to investigate the potential scheme? 2014 2013 Cash $64,000 8% $50,000 5% A/R 96,000 12% 100,000 10% Inventory 160,000 20% 200,000 20% Fixed Assets 480,000 60% 650,000 65% Total Assets 800,000 100% 1,000,000 100% A/P $16,000 2% $70,000 7% Mortgage 80,000 10% 120,000 12% Bonds Payable 160,000 20% 200,000 20% Common Stock 400,000 50% 400,000 40% Retained Earning 144,000 18% 210,000 21% Total Liabilities & Equity 800,000 100% 1,000,000 100%