On 31 December 2019, Animoji Corporation reported the following Balance Sheet: Assets Cash Accounts Receivable Land Equipment (net of 10,000 accumulated depr.) Patents 10,000 20,000 120,000 90,000 Liabilities Accounts Payable Notes Payable Long Term Loans 15,000 25,000 140,000 60,000 Equity Share Capital Retained Earnings 110,000 10,000 During 2020, Animoji had the following transactions occur: 1. Provided consulting services to customers. Billed them for 42,000. 2. Borrowed an additional 40,000, at the end of December 2020, from a bank (to be included in Long Term Loans). 3. Collected 27,000 from the customers billed in transaction 1. 4. Depreciated the equipment an additional 10,000. 5. Paid 12,000 in cash for internally generated technological Research and Development during 2020. 6. Paid 2,000 cash for interest due on the Notes Payable and Long-Term Loans over the year. 7. Paid employee salaries of 15,000 for work completed during the year. 8. Received bills from the telephone, electric, and water service providers that Animoji owes a total of 4,000 for services used up during the year. Requirements: a. Report a 2020 end-of-year Income Statement. b. Report a 2020 end-of-year updated Balance Sheet. c. What was the total change in the balance of Cash from the end of 2019 to the end of 2020? d. How much were the Cash Flows from Financing for the year of 2020 (note: you do not have to prepare the entire Statement of Cash Flows to answer this question, but you are welcome to do so if it might help). e. How much were the Cash Flows from Investing for the year of 2020 (note: you do not have to prepare the entire Statement of Cash Flows to answer this question, but you are welcome to do so if it might help). f. How much were the Cash Flows from Operations for the year of 2020 (note: you do not have to prepare the entire Statement of Cash Flows to answer this question, but you are welcome to do so if it might help). g. What is your interpretation of the overall financial health of this company? Please explain your answer with a few sentences to support your analysis