Consider the following financial statements for Athabasca Inc. Balance Sheet 2017 2018 $5,000 $6,5001 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 30,000 $31,500 40,000 $42.000 $75.000 $80,000 375,000 $393.750 S450,000 $473,750 $50.000 $53,750 25,000||$26,250 $75.000 $80,000 $85.000 $89,250 Liabilities and Owners Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock Accumulated retained eamings Total Total liabilities and owners' equity $60,000 $63,000 230,000 241,500 s290,000 $304,500 S450,000||$473,750 Income Statement for 2018 S400,000 Sales COGS Depreciation IEBIT Interest EBT 200,000 30,000 SI 70,000 15.000 SI55.000 69.750 $85.250 Taxes (45%) Net income a. Please prepare a statement of cash flows for Athabasca Inc. for year 2018. (8 Marks) b. Using the information given determine whether the firm is likely to be prone to financial distress during bad economic times. Please make use of the information related to the firm's capital structure. (2 Marks) c. Calculate the Cash Flow from Assets (CFFA). Does the CF identity hold? (6 Marks)