On January 1, 2018, Jana started a small flower merchandising business that she named Jane's Flowers. The company experienced the following events during the first year of operation: 1. Started the business by issuing common stock for $41,000 cash. 2. Pald $27,000 cash to purchase Inventory 3. Sold merchandise that cost $19,000 for $40,000 on account. 4. Collected $36,000 cash from accounts receivable. 5. Pald $9,300 for operating expenses. Required a. Organize ledger accounts under an accounting equation and record the events in the accounts. In the last column of the table. provide appropriate account titles for the Retained Earnings amounts. b-1. Prepare an Income statement b-2. Prepare a balance sheet, b-3.Prepare a statement of cash flows. c. Since Jana sold Inventory for $40,000, she will be able to recover more than half of the $41,000 she invested in the stock. Do you agree with this statement? Answer is not complete. Complete this question by entering your answers in the tabs below. Red A Reg B1 Req B2 Req 83 Reg C Prepare a statement of cash flows. (Amounts to be deducted should be indicated the messig.) JANA'S FLOWERS Statement of Cash Flows For the Year Ending December 31, 2018 Cash flows from operating activities Inflow from customers Outflow for inventory De