Bear Tree Services reports the following amounts on December 31, 2024. Cash Supplies Prepaid insurance Building Assets $8,900 Liabilities and Stockholders' Equity Accounts payable $13,300 3,000 Salaries payable 4,700 4,700 Notes payable 32,000 84,000 Common stock 40,000 Retained earnings 10,600 In addition, the company reported the following cash flows. Cash Inflows Cash Outflows Customers $84,000 Employee salaries $34,000 Borrow from the bank (note) 32,000 Supplies 16,000 Sale of investments 28,000 Dividends 12,500 Purchase building 86,000 Required: 1. Prepare a balance sheet. 2. Prepare a statement of cash flows.