I & S Apparel Industries has provided its Balance Sheet and Financial Statement Notes on the first tab of the Excel Simulation below. The Controller has asked you to prepare the Statement of Cash Flows. Use the information included in the Excel Simulation and the Excel functions described below to complete the task.

• Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell on the Balance Sheet tab, =C12 was entered, the formula would output the result from cell C12, or 7,500 in this example.
• Multi-Tab Cell Reference: Allows you to refer to data from another cell in a separate tab in the worksheet. When using the multi-tab cell reference, type the equal sign first, then click on the other tab and then click on the cell you want to reference. The syntax of a multi-tab cell reference looks different than a normal cell reference, since it includes the tab name surrounded by apostrophes and also an exclamation point before the cell location. From the Excel Simulation below, if in a blank cell on the Sheet1 tab =Balance Sheet!C10 was entered, the formula would output the result from cell C10 in the Balance Sheet tab, or 68,250 in this example.
• Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add), - (minus sign to subtract), * (asterisk sign to multiply), and / (forward slash to divide). From the Excel Simulation below, if in a blank cell on the Balance Sheet tab =C10+C11 was entered, the formula would add the values from those cells and output the result, or 83,500 in this example. If using the other math symbols the result would output an appropriate answer for its function.
• SUM function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function. From the Excel Simulation below, if in a blank cell =SUM(C10,C11,C12) was entered, the formula would output the result of adding those three separate cells, or 91,000 in this example. Similarly, if in a blank cell =SUM(C10:C12) was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 91,000 in this example.

The following two images are the given information for the Balance Sheet:

The following images are the requirements (2 Parts)

PLEASE if possible show the excel functions and calculations!!

I would greatly appreciate it!! Thank you so much :)

FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11 A % Paste BIU- Cells Alignment Number Conditional Format as Cell Formatting Table Styles Editing Clipboard Font Styles A1 fx A E F G H B D Note: Carefully read the notes at the bottom of this statement. 2 3 4 5 6 7 2015 8 9 10 11 12 63,500 22,250 10,000 20,000 115,750 13 14 15 I & S Apparel Industries Balance Sheet December 31, 2016 2016 Assets Current Assets Cash $ 68,250 S Accounts Receivable $ 15,250 $ Prepaid Insurance $ 7,500 $ Merchandise Inventory $ 35,000 $ Total Current Assets $ 126,000 $ Property and Equipment: Buildings $ 350,000 $ Equipment $ 210,000 $ Total Cost $ 560,000 $ Accumulated Depreciation $ 60,000 $ Net Property and Equipment $ 500,000 $ Total Assets $ 626,000 $ Liabilities Current Liabilities Accounts Payable $ 40,000 $ Wages Payable $ 58,000 $ Unearned Revenue $ 20.000 $ Balance Sheet Sheet1 16 17 18 19 20 350,000 150,000 500,000 45,000 455,000 21 570,750 22 23 24 25 26 41,850 40,000 25.000 + READY 100% 25 26 27 28 $ $ $ $ $ $ $ Wages Payable Unearned Revenue Interest Payable Taxes Payable Total Current Liabilities Notes Payable (LT) Total Liabilities Stockholders' Equity Common Stock Additional paid-in Capital Retained Earnings Total Stockholders' Equity 58,000 $ 20,000 $ 4,000 $ 10,000 $ 132,000 $ 104,000 $ 236,000 $ 40,000 25,000 5,000 8,000 119,850 125,000 244,850 29 30 31 32 33 34 $ $ $ $ 30,000 $ 275,000 $ 85,000 $ 390,000 $ 25,000 250,000 50,900 325,900 35 36 37 Total Liabilities and SE $ 626,000 $ 570,750 38 39 40 41 Notes to financial statements 1 Dividends Declared and Paid 2 Cash Received from sale of Equipment 3 Gain on sale of equipment shown on income statement 4 New equipment was purchased for cash 5 Additional Common Stock was issued 6 Notes were repaid and no additional loans were made 7 No buildings were purchased or sold $ 12,650 8,000 2,000 70,000 42 43 44 45 46 47 48 FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In X Calibri 11 A A % Paste BIU- Alignment Number Cells Editing Conditional Format as Cell Formatting Table Styles Styles Clipboard Font