USE THE FOLLOWING INFORMATION TO ANSWER QUESTION 1,2,3,4 and 5 Given the assumptions below for Rpido, Inc., construct the projected income statement, balance sheet and cash inflow-outflow statement for the company for the month of FEBRUARY-note that I am providing you with the January statements as a guide. ASSUMPTIONS: - Initial investment (made on January 1 when the company begins operations) =$200,000. - All bills are paid immediately (this implies that accounts payable and accruals =$0 ). - Selling price =$50 per unit; COGS=$40 per unit; Fixed costs =$5,000 per month; tax rate =25%. - Credit policy = net 15 days - all sales are eventually collected, meaning there is no bad debt. - Inventory policy = 21-day supply (thus, inventory at the end of the month will be 21/30 of sales for that month). Inventory is carried at cost (i.e., at $40 per unit). - The company's minimum cash balance is $20,000. - Dividend payout ratio =20% (that is, 20% of net income in any month is paid out in dividends and 80% of net income in any month is retained); There are 30 days in every month; all revenues, costs, cash inflows and cash outflows are evenly distributed through the month - If additional funds are needed, these will be in the form of debt (i.e., bank loans). The company will borrow money if cash (without any money borrowed)