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Please use the following Balance Sheet for 1 decide and the incones Balance Sheet Year 1 Year 2 Aints Cash 50.000 0.000 92.000 Prepaid insurance

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Please use the following Balance Sheet for 1 decide and the incones Balance Sheet Year 1 Year 2 Aints Cash 50.000 0.000 92.000 Prepaid insurance 6.000 3.000 8.000 Accounts Receivable 25.000 45.000 30000 Inventory 10.000 10.000 3000 Building 100.000 100.000 Accumulated Deprecation 25.000 30.000 Book Value of Bullit 75.000 70,000 Investments 10.000 Total Assets 166.000 165.000 177.000 Accounts Payable 25.000 15.00 15.000 0.000 Notes Payable 30.000 30.000 4.000 1.000 Total Labs 109.000 20.000 36.000 30.000 Owenty Meine Caming 50.000 75.000 50.000 7.000 72.000 77.000 Total Owners Equity 57.000 159.000 127.000 Total Owners E 161.000 SA DOO Income Statement War 120.000 Year 150.000 75.000 COCA GP 55.000 2000 nageme Deprecationen les En 2000 Balance Sheet Year 2 Year 92.000 6.000 30.000 As Casti Prepaidance Accounts receivable Inventory Building Accumulated Depreciation Book Value of Building Investments 50.00 6.000 25.000 10.000 100,000 25.000 75.000 40.000 3.000 45.000 10.000 100.000 30.000 70.000 39.000 166.000 CO 10.000 177.000 Lates Accounts Payable Notes Payable Interest Payabile 15.000 25.000 00.000 4.000 40 000 10.000 1000 109.000 16.000 50,000 Owner Equity Retained Earnings Stock 73.000 50.000 7.000 77.000 50.000 77.000 Total Owners Equity 57.000 152.000 127,000 Total Labies Owen Equity 164,000 160.000 177.000 come Statement Year 2 Year Revenues 120,000 150,000 COGS 65.000 75.000 Grus Paper 55.000 75.000 Insurance Expense 3000 3,000 Depreciation Expense 5.000 5,000 Interest Expense 1,000 2.000 Net Income 46,000 65.000 Using the attached Balance Sheet(Beginning Balance Yeart and Ending Balance Year and income Statement from Year 2. what i Cash Paid tornance este positive been out represents the paid

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