- X i Comparative Balance Sheet 2018 2017 (Decrease) $ 5,200 $ Current Assets: Cash and cash equivalents Accounts receivable Inventory Fixed Assets: Land 6,700 $ 25,300 91,400 26,500 1,500 (1,200) 1,900 89,500 90,000 53.400 60,800 49,000 29,200 4.400 Equipment, net $ 266,800 $ 231,000 $ 35,800 Total Assets Current Liabilities Accounts payable $ 30,200 $ 35,000 $ (4.800) Print Done 53,4001 49,000 4,400 Equipment, net $ 266,800 $ 231,000 $ 35,800 $ 30,200 $ 30,200 35,000 $ 28,100 (4.800) 2,100 Total Assets Current Liabilities: Accounts payable Accrued liabilities Long-Term Liabilities: Notes payable Stockholders' Equity Common stock 76,000 98,000 (22,000) 88,300 42.100 64,300 5,600 24,000 36,500 Retained earnings $ 266,800 $ 231,000 $ 35,800 Total Liabilities and Stockholders' Equity Print Done House Pet Supply, Inc. Income Statement Year Ended Dicember 31, 2018 Revenues: Sales revenue $ 214.000 8,700 Interest revenue Total revenues $ 222,700 Expenses: Cost of goods sold $ 70,200 Salaries expense 27,700 Depreciation expense 4,400 Income Statement 8,700 Interest revenue Total revenues $ 222,700 $ 70,200 27,700 Expenses: Cost of goods sold Salaries expense Depreciation expense Other operating expenses Interest expense 4,400 10,700 11,700 29,400 Income tax expense 154 100 Total expenses $ 68,600 Net Income Print Done The 2018 comparative balance sheet and income statement of House Pet Supply, Inc., are: (Click the icon to view the comparative balance sheet.) (Click the icon to view the income statement.) House Pet Supply, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities: Choose from any list or enter any number in the input fields and then continue to the next questi Net cash provided by (used for) operating activities Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities: Net cash provided by (used for) financing activities Net increase (decrease) in cash: Choose from any list or enter any number in the input fields and then continue to the next qu LG (Click the icon to view the income statement.) Read the requrements Net cash provided by (used for) financing activities Net increase (decrease) in cash: Cash balance, December 31, 2017 Cash balance, December 31, 2018 Requirement 2. How will what you learned in this problem help you evaluate an investment in House Pet Supply, Inc A. Understand how House's operating activities, investing activities, and financing activities generate cash receipts and cash payments OB. Help predict House's future cash flow OC. Help predict House's ability to pay debt and dividends OD. All of the above har in the infinitand then continue to the next