The following information is provided for the company Greek Star Logistics' (figures are in euro): Acquired intangible assets Advanced billings and customer deposits Opening inventory Cash and cash equivalents Creditors Advertising expenses Buildings and improvements Other long-term liabilities Purchases Trade and other accounts receivable Beginning retained earnings Other current assets Long-term marketable securities Utilities expense Common stock Land Other noncurrent assets Long-term bank loans Loss from sale of assets Cost of sales Prepaid insurance Sales Interest expense Bank overdraft (short-term borrowing) Insurance Current period's retained earnings Equipment Accrued expenses and other current liabilities Purchases returns Temporary investments Bonds payable 35,000 10,000 90,000 285,000 75,000 35,000 220,000 40,000 370,000 80,000 20,000 10,000 40,000 15,000 ? 170,000 25,000 250,000 20,000 390,000 15,000 785,000 20,000 30,000 55,000 135,000 15,000 20,000 30,000 80,000 120,000 15,000 Salaries Sales discounts Closing inventory Interest income 5,000 There is a declared decision by the company to pay cash dividend of 25,000 in total, but the payment date will be after three months from the publication date of the balance sheet. Also, consider that there is no taxation. Using this information, you are required to: a. Prepare the income statement for the company 'Greek Star Logistics, using a multi-step format with five measures of profitability: gross profit, operating income, earnings before interest and taxes, pretax income, net income. (30%) b. Prepare the balance sheet, considering the groups: current assets, noncurrent assets, current liabilities, long-term liabilities, stockholders' equity. (35%) c. Also find the missing values in question marks) by providing analytical calculations (5%). Subject 2 (30%) Answer the following questions: a. Analyze what is their meaning, how they are connected with each other and where can be located in the balance sheet or income statement of a commercial company: (a) the closing inventory and (b) the cost of sales. (15%) b. What is the meaning of the term "liquidity domino effect" in the supply chains. Provide a brief example. (15%) (your answer on subject 2 should not exceed 400 words)