Squirrel Tree Services reports the following amounts on December 31, 2021. Cash Supplies Prepaid insurance Building Assets Liabilities and Stockholders' Equity $ 8,600 Accounts payable $12,400 2,700 Salaries payable 4,400 4,400 Notes payable 29,000 81,000 Common stock 40,000 Retained earnings 10,900 In addition, the company reported the following cash flows. Cash Inflows Cash Outflows Customers $78,000 Employee salaries $31,000 Borrow from the bank (note) 29,000 Supplies 13,000 Sale of investments 23,500 Dividends 11,000 Purchase building 80,000 Required: 1. Prepare a balance sheet. 2. Prepare a statement of cash flows