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Can you breakdown how to understand this word problem and how to create the financial statements? What is NEWCO's cash balance on 12/31/2014? What is

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Can you breakdown how to understand this word problem and how to create the financial statements?

What is NEWCO's cash balance on 12/31/2014? What is the balance of convertible notes (including accrued interest) at 12/31/2014? What is NEWCO's Shareholders' Equity at 12/31/2014 ? What is NEWCO's pre-tax income (loss) for 2014? Deferred revenues are revenues that have been booked (contracted for) but not earned as of a reporting date. What is Newco's deferred revenue balance at 12/31/2014 ? - How much of NEWCO's capitalized R\&D expenses will remain on the balance sheet at the end of the FOLLOWING year (i.e., 12/31/2015)

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