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Please find year 1 and year 3 ending balance sheet amounts. Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 5000.00 6000.00

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Please find year 1 and year 3 ending balance sheet amounts.

Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 5000.00 6000.00 725.00 1170.00 2000.00 2490.00 1285.00 1445.00 670.00 550.00 30.00% 30.00% 7225.00 1065.00 3560.00 1620.00 445.00 30.00% Checks C1: NI - Dividends - Change in RE = 0 C2: Net cash flow - Change in cash = 0 C3: A - (L + E) = 0 Inputs Income statement Sales for which cash is received after the sale COGS Salary expense Insurance expense Depreciation expense Tax rate Operating cash flows Cash received from customers Cash (paid) to suppliers of inventory [= Purchases, since accounts payable = 0] Cash (paid) for salaries Cash (paid) for insurance Taxes (paid) Investing cash flows (Purchase of PP&E or capital expenditures) Financing cash flows Stock issued (Dividends) paid 4850.00 5350.00 6450.00 -1000.00 -1050.00 -1450.00 -1650.00 -2010.00 - 3000.00 -1750.00 -1350.00 -1835.00 -77.00 -88.00 -99.00 -2000.00 -500.00 -550.00 2500.00 -50.00 125.00 -55.00 175.00 -60.00 Income statement Sales for which cash is received after the sale COGS Salary expense Insurance expense Depreciation expense = Operating income and EBT [No interest expense] Current tax expense [No deferred taxes] = Net income Ending balance sheet Cash Gross receivables [No allowance or deferred revenues] Inventories [No accounts payable] Prepaid insurance or deferred insurance expense Net PP&E Accrued salaries or salary payable Tax payable Contributed capital Retained earnings Cash-flow statement Cash received from customers Cash (paid) to suppliers of inventory [= (Purchases)] Cash (paid) for salaries Cash (paid) for insurance Taxes (paid) = Operating cash flow (Purchase of PP&E or capital expenditures) = Investing cash flow Stock issued (Dividends) paid = Financing cash flow = Net cash flow Year 1 Year 2 Year 3 5000.00 6000.00 7225.00 725.00 1170.00 1065.00 2000.00 2490.00 3560.00 1285.00 1445.00 1620.00 670.00 550.00 445.00 320.00 345.00 535.00 96.00 103.50 160.50 224.00 241.50 374.50 Year 1 Year 2 Year 3 823.00 1245.00 876.00 150.00 800.00 1575.00 275.00 155.00 540.00 465.00 370.00 585.00 1330.00 1280.00 1385.00 350.00 830.00 1390.00 19.00 34.50 96.00 2500.00 2625.00 2800.00 174.00 360.50 675.00 Year 1 Year 2 Year 3 4850.00 5350.00 6450.00 -1000.00 -1050.00 -1450.00 - 1650.00 -2010.00 - 3000.00 - 1750.00 -1350.00 -1835.00 - 77.00 -88.00 -99.00 373.00 852.00 66.00 - 2000.00 -500.00 -550.00 - 2000.00 -500.00 -550.00 2500.00 125.00 175.00 -50.00 -55.00 -60.00 2450.00 70.00 115.00 823.00 422.00 -369.00 Year 1 Year 3 (THREE) Ending Balance Sheet Make sure you read the pdf linked above Cash Gross receivables in $ [No allowance or deferred revenues.] Inventories in $ [No accounts payable] Prepaid insurance or deferred insurance expense in $ Net PP&E in $ Accrued salaries or salary payable in $ Taxes payable Paid-in Capital Retained earnings

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