The following Information is available for two different types of businesses for the 2018 accounting year. Hopkins CPAs is a service business that provides accounting services to small businesses. Sports Clothing is a merchandising business that sells sports clothing to college students. Data for Hopkins CPAS 1. Borrowed $42,000 from the bank to start the business. 2. Provided $32,000 of services to clients and collected $32,000 cash 3. Pald salary expense of $20,500. Data for Sports Clothing 1. Borrowed $42.000 from the bank to start the business 2. Purchased $21,000 Inventory for cash. 3. Inventory costing $17,600 was sold for $32,000 cash. 4. Pald $2,600 cash for operating expenses. Required a. Prepare an income statement, balance sheet, and statement of cash flows for each of the companies. Complete this question by entering your answers in the tabs below. Show less Hopkins Inc Strnt Hopkins Bal Hopkins Stm Sheet CF Sports Inc Stmt Sports Bal Sheet Sports Stmt Prepare a balance sheet for Hopkins CPAS, HOPKINS CPAS Balance Sheet As of December 31, 2018 Assets Cash Liabilities Notes payable