Question 2 (40 points): Financial Statements (spend around 10 minutes on this) a) Kevin starts a new company called MAX Inc. and invests $10,000 of his own money into the company on 6/9/22. The company has no other assets or liabilities at this point. Show and label the balance sheet at the end of day on 6/9/22. Be sure to label these under the appropriate part of the balance sheet corresponding to Current or Long-Term Assets/Liabilities. Assets Show total assets and liabilities. Liabilities b) Suppose MAX Inc does the following transactions on 6/9/22. Make a new balance sheet and show how it will change from these actions. Be sure to label these under the appropriate part of the balance sheet corresponding to Current or Long-Term Assets/Liabilities and Fixed Asset as well as A/C payables or receivable, Inventory and so on. Also show the total assets and liabilities at the end of these actions. o MAX uses $5000 cash to buy a computer. o MAX borrows $5000 for 9 months. o MAX buys $1000 of cheese on credit from a supplier that will be repaid in 6 months