Q-4. (Financial Statements) Use the following information for Megan Corporation and; a) Set up the Balance Sheet for years 2017 and 2018 and Income Statement for year 2018. b) Calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders for 2018. The tax rate is 25 percent. 2017 1,500 1,200 380 Cash Cost of goods sold Depreciation Interest Inventory Accounts payable Fixed assets Sales Accounts receivable Notes payable Long-term debt Dividends 190 3,500 1,580 12,600 3,000 1,990 290 5,100 360 2018 1,540 1,300 400 220 3,600 1,530 12,900 3,500 2,250 270 5,800 390 Q-4. (Financial Statements) Use the following information for Megan Corporation and; a) Set up the Balance Sheet for years 2017 and 2018 and Income Statement for year 2018. b) Calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders for 2018. The tax rate is 25 percent. 2017 1,500 1,200 380 Cash Cost of goods sold Depreciation Interest Inventory Accounts payable Fixed assets Sales Accounts receivable Notes payable Long-term debt Dividends 190 3,500 1,580 12,600 3,000 1,990 290 5,100 360 2018 1,540 1,300 400 220 3,600 1,530 12,900 3,500 2,250 270 5,800 390