Please answer the following questions

Sunset Boards is a small company that manufactures and sells After surfboards in Malibu. Tad Marks, the founder of the company. ax returns, and other neconds, Christina has assembled is in charge of the design and sale of the surfboards, but his following information background is in surfing, not business. As a result, the compa- ny's financial records are not well maintained. rooting through old hank statements, sales receip The initial investment in Sunset Boards was provided by Tad and his friends and family. Because the initial investment was relatively small, and the company has made surfboards Cost of goods sold only for its own store, the investors haven't required detailed Cash financial statements from Tad. But thanks to word of mouth Depreciation among professional surfers, sales have picked up recently, and Interest expense Tad is considering a major expansion. His plans include open- ing another surfboard store in Hawaii, as well as supplying his "sticks" (surfer lingo for boards) to other sellers. 2017 2018 $255,605 72.158 15,687 Selling and administrative 50,268 26.186 318,345 501.441 26136 29,712 17 Tad's expansion plans require a significant investment, Net fued assets which he plans to finance with a combination of additional Sales funds from outsiders plus some money borrowed from banks Naturally, the new investors and creditors require more orga nized and detailed financial statements than Tad has previously prepared. At the urging of his investors, Tad has hired finan- cial analyst Christina Wolfe to evaluate the performance of theInventory 65.610 44.318 387,855 611.224 33.901 32.441 Accounts receivable - 1 Notes payable debt 7,674 9.500 50,318 New equity over the past year Using the figure above, answer the following questions: Sunset boards currently pays out 40% of net income as dividends to Tad & the other original investors, & it has a 21 % tax rate. As Christina's assistant, you are asked to prepare the following 1) Income statement for 2017 & 2018 2) A balance sheet for 2017 & 2018 3) Operating cash flow for each year 4) cash flow from assets for 2018 5) cash flow to creditors for 2018 6) cash flow to stockholders for 2018 How would you describe sunsets CF for 2018? Write a brief discussion? What do you think about Tads expansion plans