Blooming Flower Company was started in 2018 when it acquired $61,200 cash from the issue of common stock. The following data summarize the company's first three years operating activities. Assume that all transactions were cash transactions. Purchases of inventory Sales Cost of goods sold Selling and administrative expenses 2018 23,000 27,300 13,300 5,440 019 10,400 30,700 18,100 8,160 2020 $18,700 37,900 19,700 9,600 Required Prepare an income statement (use multistep format) and balance sheet for each fiscal year. (Hint: Record the transaction data for each accounting period in the accounting equation before preparing the statements for that year)