On January 1, 2021, Little City Bar & Grill purchased a building, paying $58,000 cash and signing a $110,000 note payable. The company paid another $62,000 to remodel the building. Furniture and fixtures cost $55,000, and dishes and supplies-a current asset-were obtained for $9,400. All expenditures were for cash. Assume that all of these expenditures occurred on January 1, 2021. (Click the icon to view depreciation information.) Read the requirements. Requirements Requirement 1. Show what the compar statement of cash flows. Begin with the income statement. Income Statement Expenses 1. Show what the company reported for supplies, plant assets, and cash flows at the end of the first year on its income statement, balance sheet, and statement of cash flows (investing only). Note: The purchase of dishes and supplies is an operating cash flow because supplies are a current asset Print Done balance sheet, and