Question: need help with questions 7-10! need help creating both income and balance sheet from this information in the chart and then calculating cash flow to

need help with questions 7-10!

need help creating both income and balance sheet from this information in the chart and then calculating cash flow to creditors and cash flow to stockholders

Use the following information from Taco Swell, Inc. to answer problems 7-10. Assume a tax rate of 34%. 7) Create an income statement for Taco Swell for 2020 and 2021. 8) Create a balance sheet for Taco Swell for 2020 and 2021. 9) For 2021, calculate cash flow to creditors. 10) For 2021, calculate cash flow to stockholders. (Note: When calculating new equity, you'll need to include addition to retained earnings from the income statement)

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