Required information [The following information applies to the questions displayed below.] Cascade Company was started on January 1, 2018, when it acquired $159,000 cash from the owners. During 2018, the company earned cash revenues of $99,300 and incurred cash expenses of $65,600. The company also paid cash distributions of $11,500. Required Prepare a 2018 income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows under each of the following assumptions. (Consider each assumption separately.) 0 CASCADE COMPANY Capital Statement For the Year Ended December 31, 2018 Beginning capital balance $ Plus: Capital acquired from owner Plus: Net income Less: Withdrawal by owner Ending capital balance 159,000 33,700 11,500 204,200 $ VROUNDS Balance Sheet As of December 31, 2018 Assets Cash 0 0 Total Assets Liabilities Equity Total liabilities and equity $ 0 Statement of Cash Flows For the Year Ended December 31, 2018 Cash flow from operating activities: $ 0 Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities: 0 Net cash flow from financing activities Net change in cash 0 Ending cash balance $