Your dream of owning a chain of karate studios may just come true. A local couple is selling the five studios they have been operating for the last 15 years. You look over their financial statements and find out some promising information. Identify the financial statement you used to discover the following information:

The company secured a $100,000 operating loan last year in order to fund continued expansion. This increased cash from financing activities by a net of $75,000 because they paid off an old $25,000 loan at the same time. Select (Balance SheetIncome StatementStatement of Cash Flows) The company owns the buildings the studios are in. The value of those assets is over $1 million. Select (Balance SheetIncome StatementStatement of Cash Flows) The company has been profitable every year for the last 10 years. Expenses have remained steady during that time as well. Select (Balance SheetIncome StatementStatement of Cash Flows)