Prepare balance sheet, income statement, and statement of cash flows for the year. Note: Do not use a negative sign (-) with expense items in the income statement. Following is selected financial information for Electra Auto, Inc. : ELECTRA AUTO, INC. Statement of Cash Flows For the Year Ended December 31 Prepare balance sheet, income statement, and statement of cash flows for the year. Note: Do not use a negative sign (-) with expense items in the income statement. Following is selected financial information for Electra Auto, Inc. : ELECTRA AUTO, INC. Statement of Cash Flows For the Year Ended December 31