b. Triple Tree Corporation provides the financial information as follows:- Income Statement For the year ended 31 December 2020 Revenue 120,000 Expenses (60.000) Gross profit 60,000 Income taxes 50.000 Profit after tax Balance Sheet As at 31 December 2020 and 2019 2020 2019 Account receivable 12.500 7.000 Accumulated depreciation 7.500 5.000 Cash 33.500 5.000 Equipment 15.000 20.000 Inventory 8.000 20.000 Long term investment 80.0000 Other current assets 5.500 2.500 Total Assets 162.000 59.500 Other current assets Total Assets 5,500 162,000 2,500 59,500 23,000 10,000 Account payable Long term bond Long term Loan Other interest payable Treasury stock 19,500 20,000 50.000 4,000 15,000 2,000 23,000 Common Stock 5.000 3.000 Dividend paid 5.000 2.000 Retained earnings 43.500 (3.500) Total Liabilities and Equity 162.000 59.500 As a junior account executive, your manager asked you to prepare the cash flow statement for the company. (14 MARKS)