The financial statement that shows a snap shot of the financial position of a company at any point in time is 1) The income and expense summary O 2) The balance sheet 3) The cash flow analysis Question 92 (1 point) A home has 1,800 square feet of living area and 200 square feet of garage. The reproduction cost new is $48 per square foot for living area and $28 per square foot for the finished garage area. The site measures 75 feet wide by 110 feet deep and is valued at $3 per square foot. The economic life of the home is estimated to be 50 years. The house is 10 years old. The value according to the cost-depreciation approach is