cms aestion: if you have information about tron Jordanian company as in the table below: Value in 2018 Value in 2019 Tet sales 7.500.000 Cash 50,000 1,515,000 General expenses 200,000 R 60,000 70,000 Depreciation expense 40,000 Tarketable securities 60.000 45.000 Beg. Inventory 60,000 nventory 60,000 100,000 nterest expense 20,000 80,000 Net purchase 300,000 30,000 80,000 Revenue received advance 120,000 150,000 Fixed assets 1.280,000 1,755,000 Accruals 10,000 20,000 Bonds 25.000 75,000 Acc. Depreciations 50.000 60,000 Common stocks 3000,000 3000.000 Surplus in capital 10,000 10,000 R/E 30,000 90.000 Tax expense Additional information: 1- General level price in 1/1/2019 (100). during 2019 (120), in 31/12/2019 (140). 2- The common stocks include 2 issues: 1,800,000 adjusted at 130 general level price and 1,200,000 adjusted at 115 general level price. 3- The additional value in fixed assets adjusted at 50 general level price. 4. Depreciation expense adjusted at 80 general level price. 5. The firm decide to distribute profit in 31/12/2019 as 8,799,434. 6- The firm decide to pay interest & tax expenses in 31/12/2019. 7- The firm adjusted capital surplus at 130 general level price. 8- The monetary items achieved earned from buying power by 53,333. Requirements: 1. Prepare income St. after adjust the effect of inflation 2- Prepare balance sheet St. after adjust the effect of inflation Question: the following represent Income St. and Balance sheet St. for Arab Union company on 31/12/2019 and 31/12/2020 in the table below: Balance sheet St. Items 2019 2020 Current assets: Cash 240,000 1.976,000 AR 65,000 40,000 Iny. 210,000 300,000 Total current assets 515,000 2.316,000 Fixed assets: Land 90.000 75,000 Building 2,919,500 4,005,500 Furniture 1,000,000 1,000,000 Accumulative Dep. 30,000 35.000 Net assets 3.979.500 5,045,500 Total assets 4,494,500 7,361,500 Current liabilities: AP 22.500 17,500 NP 12.000 20.000 Total current liabilities 4.500 37,500 Long-term liabilities: Bonds 350,000 280,000 Loans for 5 years 100,000 1,186,000 Total long-term liabilities 450,000 1,466,000 Total liabilities 484,500 1,503,500 Owner equity: Common stocks 4,000,000 5,000,000 Capital surplus 0 250.000 R/E 10,000 608.000 Total owner equity 4,010,000 5.858.000 Total O.E & Liab 4,494,500 7,361,500 Items Net sales COGS Gross profit General expense EBIT Interest expense EBT Tax Ne income Additional information: Income St. Value 1,800,000 800,000 1,000,000 150,000 850,000 50,000 800,000 200,000 600,000 1) The firm bought new building as 1,086,000$ by get loans from bank to 5 years. 2) The Dep. Expense for 2020 as 50008. 3) The firm pay 2,000$ as dividends. Require: 1) prepare cash flow statement for this firm for 2018? (10 points) 2)Calculate Operation cash index? (1 point)