Assume the following: Infinity Engineering Company had the following transactions: Jan-01 Issued capital stock for $975,000. Jan-01 Purchased a Packaging Equipment for $21,000 Jan-03 Purchased a Machine, paying $9,000 in cash and issuing a note of $20,500. Jan-05 Purchased $26,000 of inventory on account. Jan-07 Sold inventory costing $4,500 for $55,000 on account. Jan-11 Paid $1,300 for inventory purchased on account (from Jan-05). Jan-15 Collect $15,650 of accounts receivable from customers (from Jan-07). Jan-17 Paid utility bills totaling $3,000. Jan-23 Paid wages for $11,000. Jan-25 Collect $3,500 in bank interest. Jan-30 Paid $12,570 due to income taxes. Required: D. Prepare Income Statement. E. Prepare Retained Earnings Statement. F. Prepare Balance Sheet. G. Prepare a Cash Flow Statement