Jen Harrison opened a floral shop using $$5,000$ of her own cash saving with $$15,000$ in cash borrowed from her parents. She signed lease on a small store for a year agreeing to pay $$350$ per month in rent. During the first$-$year operations, Jen purchased fresh flowers from a local nursery for $$2,500$ and paid $$1,2000$ for utilities and generated floral sales totaling $$12,000.$ Assume all transactions were cash transactions. Jen was hoping to repay her parents one half of the borrowed money at the end of the first year of operations.

$1.$ Make a balance sheet, income statement, and statement of cash flow from the floral shop.

$2.$ Can Jen achieve her goal of repaying on half of the $$15,000$ loan at the end of the first year