pleade help with part A and B

The Extra Surplus Company's Balance Sheet for December 31, 2017 and the Income Statement for 2018 are shown below. Additional data: - Sales were $32,500;$20,000 in cash was received from customers. - Bought new land for cash, $25,000. - Sold other land for its book value of $12,500. - Paid $2,500 principal on the long-term note payable and $2,500 in interest. - Issued new shares of stock for $25,000 cash. - Cash dividends of $4,000 were declared and paid to stockholders. - Paid $14,500 on accounts payable. - No inventory purchases were made; other expenses were incurred on account. - All wages were paid in cash. - Other expenses were on account. a. Prepare a balance sheet at December 31, 2018. b. Prepare the statement of cash flows using the direct method. Complete this question by entering your answers in the tabs below. Prepare a balance sheet at December 31. 201A