From the case study please solve the following questions: Question 1: Prepare Victor's preseason balance sheet. (3.33 marks) Question 2: Prepare Victor's post-season Income statement (3.33 marks) Question 3: Prepare Victor's post-season balance sheet. (3.33 marks) Victor's Set-Up: She set Victor's lemonade stand up first and provided him with 100 plastic cups (cost of $5 total) and four pounds of lemonade mix (cost of $20 total), and she gave him a table and a pitcher. He also got $10 in cash to use for change. Walking away, she was confident that her $116 investment would pay off. As soon as Juliette rounded the corner, Victor called for their mommy and asked to borrow $7 to buy a big umbrella to shelter his delicate skin from the harmful UV rays. Victor is now officially ready for Lemonade Season. Victor's Season: Victor worked a total of 25 days but hadn't been paid yet as he didn't want to take the money until Juliette gave him the ok. He sold 90 cups of lemonade at a price of $2 each and provided her with detailed charts and graphs showing daily and hourly sales. He received cash from 80 customers, and another ten customers said they would pay by the end of the following week. He had a list of everyone who owed money and how much they owed, where they lived, and a signed IOU from each person. He used up three of the four pounds of the lemonade mix. Victor paid mommy back $4 out of what was owed to her for the umbrella. Juliette took a total of $6 from Victor's cash on hand to buy some sunscreen for herself during the summer. The umbrella appeared to be in great shape; it seemed like it could be used for many more years. She gave Victor a pat on the back and told him he may be up for a raise for next year something like a cost of living adjustment plus 1%