Question: Can I please get help with attached sheets? Brendan's Bottled Water Lid Income Statement Year 3 Sales $ 500 Less: Cost of Goods Sold 125

Can I please get help with attached sheets?

Can I please get help with attached sheets? Brendan's Bottled Water LidIncome Statement Year 3 Sales $ 500 Less: Cost of Goods Sold125 Gross Profit 375 Wage Expense 30 Rent Expense Depreciation Expense Total

Brendan's Bottled Water Lid Income Statement Year 3 Sales $ 500 Less: Cost of Goods Sold 125 Gross Profit 375 Wage Expense 30 Rent Expense Depreciation Expense Total Operating Expense 100 Profit or (Loss) 275 Brendan's Bottled Water Lid Statement of Owners Equity Year 3 Common Stock (paid-in capital) 580 Retained Earnings - beg of year 430 add: Net Income 275 Less: Dividends Retained Earnings - end of year 705 Owner's Equity @ 12/31/15 5735 Year 1 FS Year 2 FS Year 3 FS Year 4 FS Year 5 FSBrendan's Bottled Water Lid Comparative Balance Sheet Year 3 Year 2 Difference Assets Cash $720 $460 Accounts Receivable Inventory Total Current Assets 785 460 CA - Cooler 250 250 AD - Cooler 50 do not use Total Long Term Assets 200 250 Total Assets 985 710 Liabilities Current Liabilities 92 Long Term Liabilities (Loan from Dad) 200 200 Total Liabilities 200 200 Equity 53 Common Stock 80 80 Retained Earnings 705 do not use Total Equity 785 56 Total Liabilities and Stockholder's Equity 985 280 Year 1 FS Year 2 FS Year 3 FS Year 4 FS Year 5 FS ReadyBrendan's Bottled Water Lid Statement of Cash Flows Year 3 Cash Flows from Operating Activities Net Income add: Depreciation less: Gain or Loss on Sale of Capital Assets Change in Accounts Receivable Change in Inventory Change in Accounts Payable Change in Wages Payable Net Cash Flows from Operating Activities Cash Flows from Investing Activities Cash used to purchase cooler Net Cash Flows from Investing Activities Cash Flows from Financing Activites Cash flows from Long Term Borrowing Cash flows from Sale of Stock Cash flows from Payment of Dividends Net Cash Flows from Financing Activites Change in Cash Position Cash at beginning of period Cash at end of period

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