In January 2020, suppose a Copies Plus franchise in Regina purchased a building, paying $102,000 cash and signing a $152,000 note payable. The franchise paid another $75,000 to remodel the facility Equipment and store fixtures cost $155,000, dishes and suppliers current asselwere obtained for $13,000 The franchise is depreciating the building over 25 years by the straight-line method with estimated residual value of $101.000. The equipment and storo fixtures will be replaced at the end of five yours, these assets are being doprociated by the double diminishing balance method, with zero residual value. At the end of the first year, the franchise has dishes and supplies worth $1,500 Show what the franchise will report for supplies, property, plant, and equipment, and cash flows at the end of the first year on its Income statement Balance sheet Statoment of cash flows investing section only) Show what the franchise will report for supplies, property, plant, and equipment, and cash flows at the end of the first year on the Income statement (Round dollar amounts to the nearest whole number) Income Statement Exponses Choose from any list or enter any number in the input fields and then click Check Answer 2 pans remaining Clear All Check