Life-Positives Account Balances	2021 ($)	2022 ($)
Accounts Payable	24,600.00	21,250.00
Accounts receivable	15,700.00	12,340.00
Cash	23,450.00	28,600.00
Cost of goods sold	19,700.00	23,000.00
Depreciation	3,090.00	4,590.00
Dividends	5,800.00	10,800.00
Interest	2,340.00	2,890.00
Inventory	7,050.00	8,640.00
Long-term debt	28,000.00	30,000.00
Net fixed assets	41,500.00	48,000.00
Other expenses	2,400.00	2,800.00
Sales	58,000.00	62,500.00
Short-term Notes Payable	2,890.00	2,340.00
Shares outstanding	85,000.00	90,000.00

The tax rate is 32%

1. Prepare a balance sheet for 2021 and 2022 for the company, clearly showing information about each line item.

2. Prepare an income statement for 2021 and 2022 for the company.

3. For the year ending 2022, determine the Net New Equity, Change in Net Working Capital, Net Capital Spendingand Operating Cash flow.

4. Calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders for 2022.

5. Calculate the Dividends per Share and Earnings per Share for each year for Brown Company.

6. Briefly comment on the companys cash flows for 2022 in light of an expansion plan which will be financed by both debt and equity.