Section B - Preparation of accounts and Cash flow statement. (20 points) Balance Account Title Cash... Debit Credit Accounts receivable. $ 26,000 4,500 Accounts payable. Share capital.. $ 2,000 10,000 Retained earnings. Total 18,500 $ 30,500 $ 30,500 During March, the business completed the following transactions: a. Borrowed $55,000 from the bank, with Calderon signing a note payable in the name of the business. b. Paid cash of $30,000 to a real estate company to acquire land. c. Performed service amounting $12,000 for a customer and received cash of $5,000. d. Purchased supplies on credit, $400. e. Performed customer service and earned revenue on account, $2,500. f. Paid $2,200 on account. g. Paid the following cash expenses: salaries, $3,000; rent, $1,500; and interest, $400. h. Received $3,100 on account. i. Received a $200 utility bill that will be paid next month. j. Declared and paid dividends of $1,800. Required: 1) Prepare Cash flow statement (12 points) 2) Journalize the transactions (8 points)