Question 1: Financial statements for the Begalla Corporation is as follows: marks 10 ASSETS Cash Accounts receivable Inventory Total current assets Net fixed assets 20X1 $ 4 7 12 20X2 $ 5 10 15 20X2 $10 5 3 LIABILITIES Accounts payable Notes payable Accrued wages Accrued taxes Total current liabilities Long-term debt Common stock Retained earnings Total 20X1 $ 8 5 2 3 $18 20 10 15 $23 $30 40 40 $20 20 10 20 $70 Total 131 $70 $63 $95 $50 15 Begalla Corporation income statement 20x2 (in millions) Sales Cost of goods sold Selling general, and administrative expenses Depreciation Interest Net income before taxes Taxes Net income 2 70 $25 10 $15 a. Prepare sources and uses of funds statement for Begalla Corporation. b. Prepare a cash flow statement using the indirect method for Begalla Corporations