C. Financial statements, cash flow and taxes (Value: 40 points) The balance sheets at the end of 2018 and 2019 of Kairos Industries are shown below:

	2019	2018
Cash	$102,950	$89,825
Accounts receivable	103,465	85,627
Inventories	38, 544	35,082
Total current assets	244, 959	210, 534
Property, plant and equipment	67,265	42,536
Total assets	312,224	253,070
Debts to pay	30,861	23,209
Accumulations	30,577	22,756
Obligations to pay	16,817	14,317
Total current liabilities	78,255	60,282
Long term debts	76,364	64,014
Total de pasivos	154, 619	124,296
Common actions	100,000	90,100
Retained earnings	57,605	38,874
Total equity	157,605	128,974
Total liabilities plus equity	$312,224	$253,270

1. In 2019, Kairos Industries achieved sales of $ 330 million and EBITDA of 17% of sales. Depreciation as amortization of fixed assets was 11% and interest paid $ 2 million. On the other hand, the tax rate was 35% and 38% of the net income is awarded to dividends. Prepare an income statement taking into consideration the data presented. (10 points) 2. Prepare the capital statement for the period ended December 31, 2019. (8 points) 3. Taking into consideration that Kairos Industries does not have any surplus cash available, it determines the available cash flow (Free Cash Flow) and the operating working capital. (6 points)