QUESTION 3 The Sample Cafe neariy broke even in the first month of business. Below is a simplifled income statement for January along with some notes regarding specific transactions. Sample Cate Income Statement Summary Month Ended January 31, 20xx In in the previous question, you built Sample Cafe's balance sheet for December 31. For this question, update the Sample Cafe balance sheet for January 31 using the template below to reflect the month of operations. - Input Accumulated Depreciation as a negative value. Show your work or leave a comment Balance Sheet QUESTION 5 Choose the best statement below regarding Sample Cafe operations in January. The cafe had a small loss but cash increased primarily because the change in accounts payable was greater than accounts receivable for the month The cafe had a small loss but cash increased solely because of the impact of equipment depreciation The cafe had positive cash flow because of the revenue from the special event. The cafe uses an accrual-based accounting system for their income statement. Show your work or leave a comment What is the book value of furniture and equipment at the end of January