that's the second case that was not clear before I think it is now more than clear.

i need the solutions asap plz because its due in about a hour and a half.!!!!!

Cost of goods sold Cash Depreciation Interest expense Selling and administrative Accounts payable Net fixed assets Sales Accounts receivable Notes payable Long term debt Inventory New equity 2017 $ 255 805 $ 35 884 $ 72 155 $ 15 687 $ 50 268 $ 26 186 $ 318 345 $ 501 441 $26 136 $ 29 712 $ 160 689 $ 50 318 ISO | 2018 $ 322 742 $ 55 725 $ 81 559 $ 17 980 $65 610 $ 44 318 $ 387 855 $ 611 224 $ 33 901 $ 32 441 $ 175 340 $ 67 674 $ 19 500 Sunset boards is a small company that manufactures and sells surfboards in Malibu. Tad Marks, the founder of the company, is in charge of the design and sale of the surfboards, but this background is in surfing, not business. As a result, the company's financial records are not well maintained. Tad initial investment in Sunset Boards was provided by Tad and his friends and family. Because the initial investment was relatively small, and the company has made surfboards only for its own store, the investors haven't required detailed financial statements from Tad. But thanks to word of mouth among professional surfers, sales have picked up recently, and Tad is considering a major expansion. His plans include opening another surfboard store in Hawaii, as well as supplying his "sticks" (surfer lingo for boards) to other sellers. Tad's expansion plans require a significant investment, which he plans to finance with a combination of additional funds from outsiders plus some money borrowed from banks, Naturally, the new investors and creditors require more organized and detailed financial statements that Tad has previously prepared. All the urging of his investors, tad has hired financial analyst Christina Wolfe to evaluate the performance of the company over the past year. After rooting through old bank statements, sales receipts, tax returns, and other records. Christina has assembled the following informations: (The table Above) Sunset Boards currently pays out 40 percent of net income as dividends to Tad and the other original investors, and it has a 21 percent tax rate. You are Christina's assistant, and she has asked you to prepare the following: 1. An income statement for 2017 and 2018 2. A balance sheet for 2017 and 2018 3. Operating cash flow for each year 4. Cash flow from assets for 2018 5. Cash flow to creditors for 2018 6. Cash flow to stockholders for 2018 Questions: 1. How would you describe Sunset Board's cash flows for 2018? Write a brief discussion 2. In light of your discussion in the previous question, what do you think about Tad's expansion plans