Day 1. Established a company with authorized capital 550000 AZN. Day.2 Rented an office with monthly fee 4000 AZN.Day 3. Hired employees: Executive manager-1700 AZN, 3 mid chain managers each 1100 AZN, 7 sales specialists each 700 AZN, one warehouseman 1100 AZN. Day 5. Obtained a warehouse for keeping goods 15000 AZN. Day 8. Purchased 1000 units of microprocessors by the price 70 AZN per unit.Day 10. Obtained a small truck for transportation needs 9000 AZN.Day 12. Purchased additionally 800 units of microprocessors by the price 100 AZN per unit and 1200 video graphic adapters by the price 150 AZN per unit. Day 16. By the decision of procurement and sales departments additionally purchased 1200 units of microprocessors by the price 90 AZN per unit and 800 video graphic adapters by the price 120 AZN. Day 20. The company realized 2000 units of microprocessors and 1500 units of video graphic adapters with 65% trade surcharge. Day 24. The company received bill for utilities 1200 AZN. Day 30. The company paid for all expenses including sales tax (4%). For purchase/selling operations use FIFO method. The terms of the problem: To prepare appropriate Profit and Loss Statement regarding above mentioned operations.To prepare appropriate Cash Flow Statement regarding above mentioned operations.To prepare appropriate Balance Sheet Statement regarding above mentioned operations.