$31-$Dec $31-$Dec $31-$Dec

$202220232024$

AR $45,000\mathrm{.}0031,500\mathrm{.}0060,000\mathrm{.}00$

INVENTORY $80,000\mathrm{.}0060,000\mathrm{.}0070,000\mathrm{.}00$

AP $26,000\mathrm{.}0024,000\mathrm{.}0032,000\mathrm{.}00$

PP&E $50,000\mathrm{.}0060,000\mathrm{.}0043,000\mathrm{.}00$

BANK LOANS $12,000\mathrm{.}004,000\mathrm{.}0016,000\mathrm{.}00$

CASH $40,000\mathrm{.}00??$

EQUITY $25,000\mathrm{.}0040,000\mathrm{.}0035,000\mathrm{.}00$

OTHER INFORMATION:

NET INCOME FOR THE YEAR $2023$ WAS $$50,000$

DEPRECIATION FOR THE YEAR $2023$ WAS $$9000$

NET INCOME FOR THE YEAR $2024$ WAS A loss of $$12,000$

DEPRECIATION FOR THE YEAR $2024$ WAS $$14000$

$1)$ PREPARE A CASH FOR SATATEMENT FOR THE YEAR $2023$

$2)$ CALCULATE ENDING CASH BALANCE AT DEC $312023$

$3)$ PREPARE A CASH FOR SATATEMENT FOR THE YEAR $2024$

$4)$ CALCULATE ENDING CASH BALANCE AT DEC $312024$