Use the Template , to Create a Balance Sheet from the Information about the Sister Soles Company. Sister Soles is a small business that sells sole inserts for people whose feet hurt when dancing. 1. The owners of Sister Soles will use a family member's warehouse to make the soles free of charge. 2. Sister Soles has $30,000, but needs to spend $15,000 on materials and $5,000 on tools to make the soles. 3. Sister soles just received five contracts with corporate companies that want to purchase their sole inserts. . The owners will invoice them and expect payment within 30 days after. . Each company will be charged $7,500 for their first order of 500 sole inserts. 4. The owners will deliver the sole inserts to each of the company's stores. 3. Sister soles just received five contracts with corporate companies that want to purchase their sole inserts. . The owners will invoice them and expect payment within 30 days after. Each company will be charged $7,500 for their first order of 500 sole inserts. 4. The owners will deliver the sole inserts to each of the company's stores. Sister Soles will spend $1,000 on fuel, oil, meals, etc. Half of that will be paid in cash, and the other half is used on a credit card. 5. Sister Soles also needs a truck large enough to deliver the orders and will need a $75,000 bank loan.