I would like someone to help me with my Fin 403 case study problem 10-17. My budget is $25.00 and it's due midnight.

PROBLEM 10-17 SOLUTION (Financial Statement) This Worksheet page contains just the Activity Statement. The Statement of Financial Position and the Cash Flow Statement are on separate Worksheets within this file. See tabs at the bottom of this page. ARCH Activity Statement for the Year Ending December 31, Year 2 Revenues and support Donation revenue Sales revenue Total revenues and support $0 Expenses: Grant Expense Cost of goods sold Wage expense Interest expense Bad debts Depreciation Total expenses Increase/(Decrease) in net assets 3,000 $3,000 ($3,000) ARCH Statement of Financial Position as of December 31, Year 2 and Year 1 Assets Liabilities & Net Assets Year 2 Year 1 Year 2 Year 1 Current assets Liabilities Cash Current liabilities Accounts receivable, net of Accounts payable $27,000 $27,000 estimated uncollectibles of Wages payable $2,000 in Year 2 Total current liab. $27,000 $27,000 Pledges receivable Inventory Total current assets $0 $0 Long-term liabilities Notes payable Total long-term liab. $0 $0 $27,000 $27,000 30,000 30,000 Total net assets $30,000 $30,000 Total equities $57,000 $57,000 Long-term assets Fixed assets Total liabilities Buildings & Equip., net Total long-term assets $0 $0 Net assets Unrestricted Temp. restricted Perm. restricted Total assets $0 $0 ARCH Statement of Cash Flows for the Year Ending December 31, Year 2 Cash flows from operating activities Decrease in unrestricted net assets Add expenses not requiring cash: Depreciation Bad Debts Other adjustments: Subtract the increase in accounts receivables Add the decrease in pledges receivable Subtract the increase in inventory Add the increase in wages payable Net cash from operating activities Cash flows from investing activities Purchase of PPE Net cash used in investing activities Cash flows from financing activities Borrowing with notes Net cash from financing activities Net increase/(decrease) in cash Cash, beginning of year Cash, end of year ($53,000) 2,000 ($51,000) ($15,000) ($15,000) $50,000 $50,000 $335,000