The 2018 comparative balance sheet and income statement of Winterbourne Pet Supply, Inc., are: (Click the icon to view the comparative balance sheet.) (Click the icon to view the income statement.) Winterbourne Pet Supply, Inc., had no noncash investing and financing transactions during 2018. During the year, Winterbourne Pet Supply, Inc., sold no land or equipment, issued no notes payable, retired no stock, and had no treasury stock transactions. Read the requirements Comparative balance sheet Statement of Cash Flows Year Ended December 31, 2018 Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities: - X Winterbourne Pet Supply, Inc. Comparative Balance Sheet December 31, 2018 and 2017 Income statement Increase (Decrease) 2018 2017 Current Assets: $ 6.000 $ (2.500) Cash and cash equivalents Accounts receivable 3.500 5 25.500 26,800 89,900 (1,300) 1,600 91,500 Net cash provided by (used for) operating activities Cash flows from investing activities: Inventory Fixed Assets Land 89.400 53.100 60,900 49,2001 28,500 3,900 Equipment, net Winterbourne Pet Supply, Inc. Income Statement Year Ended December 31, 2018 Revenues: Sales revenue $ 218,000 Interest revenue 8,200 Total revenues $ 226,200 Expenses: Cost of goods sold $ 70.900 Salaries expense 27,800 Depreciation expense 4.800 Other operating expenses 11,300 Interest expense 11,700 29,700 Income tax expense Total expenses 156,200 S 70,000 Net Income $ 263,000 $ 232,800 $ 30,200 Total Assets Net cash provided by (used for) investing activities Cash flows from financing activities: $ 30.600 $ 30.200 35,800 $ 28,000 (5,200) 2,200 Current Liabilities: Accounts payable Accrued liabilities Long-Term Liabilities: Notes payable Stockholders' Equity Common stock Net cash provided by (used for) financing activities 72.000 102,000 (30,000) Net increase (decrease) in cash: Cash balance, December 31, 2017 88.400 41.800 64,500 2,500 23.900 39,300 Retained earnings Cash balance, December 31, 2018 263,000 Total Liabilities and Stockholders' Equity 30.200 232,800 $ Requirement 2. How will what you learned in this problem help you evaluate an investment in Winterbourne Pet Supply, Inc.? Print Done O A. Understand how Winterbourne's operating activities, investing activities, and financing activities generate cash receipts and cash payments OB. Help predict Winterbourne's ability to pay debt and dividends O C. Help predict Winterbourne's future cash flow OD. All of the above Print Done