Based on the information provided in the previous task, structure 7: and determine the differences in quantities between the two periods and establish the percentage changes. Analyze each account that appears on the statement and determine, based on learned theory, the direct effect on the statement of cash ows. Make the changes in the accounts presented in the following balance sheet and determine: How are they presented in the statement of cash ows and why? (If it is presented in positive or negative). Explain and analyze briey the effects arising from a purchase transaction of a capital asset. Find information regarding sales of capital assets and their effect on the statement of cash ows. Newport Tools, LLC December 31, 2017 Balance Sheet Assets 2016 2017 Cash 592,175 934,562 Accounts Receivable 1,760, 750 1,418,850 Equipment 1,377,500 1,909,800 Building 2,885,000 3,504,000 Accumulated Depreciation (379,500) (480,500) Total Assets $ 6,235,925 $ 7,286,712 Liabilities Accounts Payable 711,300 822,862 Wages Payable 125,400 100,525 Loans Payable 104,450 193,325 Mortgage Payable 540,700 490,800 Total Liabilities 1,481,850 1,607,512 Capital Retained Earning 1,276, 125 2,278,075 Common Stocks 2,476,000 2,626,000 Net Income 1,001,950 775,125 Total Capital 4,754,075 5,679,200 Total Liabilities & Capital $ 6,235,925 $ 7,286,712