Craig McMillan owns a home renovation service employing eight building specialists. The business has about $80 000 in total assets and earns a net income of about $140 000 per year. A few weeks ago, the business applied for and received a $20 000 bank loan. For the loan application the business was required to submit an income statement, balance sheet and cash flow statement for the most recent financial year and for the previous month, which Craig McMillan did