Bear Tree Services reports the following amounts on December 31, 2024. Assets Cash Supplies Prepaid insurance Building $8,300 Liabilities and Stockholders' Equity Accounts payable $11,500 2,400 Salaries payable 4,100 4,100 Notes payable 26,000 78,000 Common stock 40,000 Retained earnings 11,200 In addition, the company reported the following cash flows. Cash Inflows Cash Outflows Customers $72,000 Employee salaries $28,000 Borrow from the bank (note) 26,000 Supplies 10,000 Sale of investments 19,000 Dividends 9,500 Purchase building 74,000 Required: 1. Prepare a balance sheet. 2. Prepare a statement of cash flows. Complete this question by entering your answers in the tabs below. Statement of Balance Sheet Cash Flows Prepare a balance sheet. BEAR TREE SERVICES Balance Sheet