Below are the accounts and balances drawn from the records of Cowboy Ice Cream Company at the end of Year 4 (December 31 year end) Supplies 830 Beginning retained earnings Cash flow from investing act. (6,100) Cash flow from financing act. Prepaid insurance 2,400 Service revenue 70,000 other operating expenses 43,000 Rent expense Dividends Cash Supplies expense 240 Insurance expense 1,300 Accounts receivable Prepaid rent Beginning common stock 1,200 Unearned revenue Cash flow from operating act. 7,000 Land Common stock issued 5,200 Accounts payable $ 20,000 (5.500) 2,700 4,500) 11,900 20,000 4,800 6,100 36,000 17,170 Required Use the accounts and balances from Cowboy Ice Cream Company to construct their financial statements. You will need to create the following: 1. Income Statement 2. Statement of Changes in Stockholders' Equity 3. Balance Sheet 4. Statement of Cash Flows (show only totals for each activity on the statement of cash flows). Complete this question by entering your answers in the tabs below. Seved Income Statement Stmt of Changes Balance Sheet Statement of Cash flows Use the accounts and balances from Cowboy Ice Cream Company COWBOY ICE CREAM COMPANY Income Statement For the Year Ended December 31, Year 4 Revenue Total revenue Expenses otal expenses $ 0 0 SA $ 0 Income Statement Stmt of Changes Balance Sheet Statement of Cash flows Use the accounts and balances from Cowboy Ice Cream Compar COWBOY ICE CREAM COMPANY Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 4 Beginning common stock Ending common stock Beginning retained earnings $ EA 0 Ending retained earnings Total stockholders' equity 69 $ 0 0 < Income Statement Assets Total assets Liabilities Total liabilities Stockholders' Equity COWBOY ICE CREAM COMPANY Balance Sheet As of December 31, Year 4 $ 0 $ 0 Complete this question by entering your answers in the tabs below. Income Statement Stmt of Changes Balance Sheet Statement of Cash flows Use the accounts and balances from Cowboy Ice Cream Company to construct statement of cash flows (show only totals for each activity on the statement of cash flows). (Cash outflows should be indicated with a minus sign.) COWBOY ICE CREAM COMPANY Statement of Cash Flows For the Year Ended December 31, Year 4 Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities Net change in cash Ending cash balance 0 < Balance Sheet Statement of Cash flows