Prepare the journal entries that accurately capture the the events that happened in 2014. Prepare the Balance sheet, Income statement, Statement of cash flow for the year ending in December 31, 2014.

Events that took place in 2014: 1. Sales for the year amounted to S300,000. This year, the business began accepting payment on credit card. Approximately half of the year's sales were credit card sales. The bank charged the business a 3% fee on gross sales. 2. The company that manufactured the frozen yogurt machines introduced a new and improved Model FZ 2000. Priced at $27,000, the FZ-2000 boasted double the capacity and efficiency of the FZ-1000. This significantly affected the market value of the FZ-1000. A brand new FZ-1000 machine now only costs S20,000 3. In the beginning of the year, Antonio decided to put the large cash balance at hand to better use and 4. 5. 6. invested $30,000 in three-year Treasury Bills. The bill paid a coupon of 6% annually. There were no new purchases of Property, Plant, and Equipment during the year In line with the rental agreement, the rent increased by $1,000 per month for 2014, effective January 1 Purchases for the year, all on account, amounted to a total of S120,000. At the end of the year, there was still an amount of S29,000 due to the supplicr 7. A quick check with the storekeeper revealed that raw material costing approximately $15,000 was still in 8. Antonio promptly settled all taxes and salaries owed from the previous year. The tax rate in 2014 was the 9. Other operating expenses for the year were as follows: inventory at year end. same as in 2013. Advertising Salary (accounts clerk) 12,000 Salary (part-time workers) $50,000 Utilities 6,000 5,000 10. A cash dividend of $12,500 was paid for the year 2014