Please show a detailed solution for this exercise.

Cushion Inc. is a Canadian company that is specialized in the design and manufacturing of portable orthopedic foam seat cushions for the wheelchair industry. The company sold 15,000 cushions at $50 per unit in 2021, spent $20,000 for marketing campaigns, $100,000 for electricity, $240,000 for salaries, $300,000 for memory foams, $20,000 for staff training, $24,000 for rent. The company had a depreciation allowance of $10,000, a bank loan of $100,000 at an annual simple interest rate of 6% and an income tax rate of 25%. At the end of 2021, Cushion Inc. possessed $320,000 as cash, $100,000 as inventory, $580,000 as equipment, $100,000 as accounts receivable and $300,000 as accounts payable. 1. List all special costs, semi-variable and direct variable costs of the company in 2021. (2.5 marks) 2. Produce the income statement of the company in 2021. (3.5 marks) 3. Complete the balance sheet of the company in 2021 partially provided below. (3.5 marks) Assets Liabilities Inventory $100,000 Equipment $580,000 Equipment loan $600,000 Other loan $50,000 payable Other borrowing $20,000 Total Assets $1,090,0004. Complete the cash flow statement of the company in 2021 partially provided below. (3 marks) Cash In Cash Out Marketing $20,000 Electricity $100,000 Salary $240,00 Memory foams $300,000 Additional cash $530,000 Staff training $20,000 received Total Cash In $850,000 5. How many cushions should sell the company to break even the total operating expenses? (1.5 mark) 6. To improve the company's sales and profits, Cushion Inc. offers two purchasing options to the customers of A-Design Inc. Option A is a $250 upfront deposit and a $500 yearly fee for the next 5 years. Option B is a $1,300 upfront deposit and a $300 yearly fee for the next 3 years. Assuming a 10% annual compound interest rate, determine the best option for the customers. Please elaborate on your answers and provide a visual representation of both options. (6 marks)