31. Analyze the financial performance of General Motors Company for the year 2023. Using the following data, prepare an income statement, balance sheet, and statement of cash flows: total sales $40,000,000, COGS $24,000,000, operating expenses $10,000,000, interest expense $2,000,000, tax expense $1,600,000, cash $4,000,000, accounts receivable $6,000,000, inventory $8,000,000, property, plant, and equipment $20,000,000, accounts payable $3,000,000, long-term debt $12,000,000, and equity $23,000,000. Discuss the implications of the financial statements on the company’s performance and strategic decisions.