The Dec. 31, 2011, balance sheet of Tybee Corporation is provided below in millions Assets Cash $24 Account Receivable $15 Supplies $6 Prepaid insurance $12 Equipment $50 Less: Acc. Dep(12) $38 Land $10 Total: $105 Liabilities and Shareholders' Equity Accounts Payable $4 Interest Payable $3 Unearned Revenue $12 Other Short- term payable $4 Long term note payable $50 Contributed CApital $20 Retained Earnings $12 Total $105 Transactions during January 2012: -Paid $5 for employee wages -Collected $10 cash from customers for work previously performed and billed -Purchased equipment for $5 cash -purchased $2 of supplies for cash -paid $3 to a vendor fro previously purchased on credit in DEc. 2011 -paid the interest owed as of Dec. 31, 2011 -Completed $18 in services for customers, receiving 50% payment in cash and billing the remainder -paid $15 to reduce outstanding long term note payable -collected $5 for the issuance of common shares As of 1/31/12 - Had performed 25% of the services for which it had been paid in advance -owes $1 for interest that will be paid next month -depreciated equipment in the amount of $4 Physical count of supplies reveals $3 on hand -declared and paid a cash dividend in the amount of 50% of January's net income REQUIRED: Prepare a complete set of financial statements as of January 31, 2012 and prepare the statement of cash flows under the direct and indirect