Cougar Tree Services reports the following amounts on December $31,2024.$

In addition, the company reported the following cash flows.

Required:

Prepare a balance sheet.

Prepare a statement of cash flows.Balance Sheet

Statement of

Cash Flows

Prepare a balance sheet.

$\backslash$table$[[$COUGAR TREE SERVICES$],[$Balance Sheet$],[$December $31,2024],[$Assets$,$Liabilities$],[$Cash$,$$$,8,700,$Accounts Payable,$$,12,700],[$Supplies$,,2,800,$Salaries Payable,,$4,500],[$Prepaid Insurance,,$4,500,$Notes Payable,,$30,000],[$Building$,,82,000,$Common Stock,,$40,000],[,,$Retained Earnings,,$10,800],[,,$Total Liabilities,,$98,000],[,,$Stockholders' Equity$],[,,,,],[,,,,],[,,$Total Stockholders' Equity,,$0],[$Total Assets,$$,98,000,$Total Liabilities and Stockholders' Equity,$$,98,000]]$

Balance Sheet$\backslash$table$[[$COUGAR TREE SERVICES$],[$Statement of Cash Flows,$],[$Cash Flows from Operating Activities,,$],[$From Customers,,$],[,,],[,,],[,,],[$Net Cash Flows from Operating Activities,,$],[$Cash Flows from Investing Activities,,$],[,,],[,,],[,,],[$Net cash flows used in investing activities,,$],[$Cash Flows from Financing Activities,,$],[,,],[,,],[,,],[$Net Cash Flows from Financing Activities,,$]]$