Income Statement Preparation: Share your selected company's process for preparing the income statement using the financial data extracted from the Form 10-K. Discuss the key components of the income statement and how they reflect the company's financial performance. Highlight any adjustments made to ensure compliance with GAAP principles. 2. Balance Sheet Preparation: Describe the approach to preparing the balance sheet based on the financial information in Form 10-K. Identify the main sections of the balance sheet and their significance in assessing the company's financial position. Discuss any GAAP requirements or considerations taken into account during the preparation process. 3. Statement of Cash Flows Preparation: (This topic is covered in ACCT-221) Explain the methodology used to prepare the statement of cash flows using the data from the Form 10-K. Discuss the three main sections of the statement of cash flows and their role in analyzing the company's cash flow activities. Address any challenges encountered in reconciling cash flow information and ensuring GAAP compliance. 4. Statement of Stockholders' Equity Preparation: Share your insights on preparing the statement of stockholders' equity based on the financial data provided. Discuss the components of the statement of stockholders' equity and their impact on the company's equity