Financial Statements Income Statement for the period including Transactions 1 through 1 1 2 1-2=3 4 5 6 4+5+6=7 3-7=8 9 10 8 + 9 - 10 = 11 NET SALES COST OF GOODS SOLD GROSS MARGIN SALES & MARKETING RESEARCH & DEVELOPMENT GENERAL & ADMINISTRATIVE OPERATING EXPENSE INCOME FROM OPERATIONS NET INTEREST INCOME INCOME TAXES NET INCOME prior $0 0 0 0 0 0 0 0 0 0 $0 + transaction -- -- -- -- -- = sum $0 0 0 0 0 0 0 0 0 0 $0 -- -- 0 IS Transaction Sum Cash Flow Statement a b c b-c=d e f g for the period including Transactions 1 through 1 BEGINNING CASH BALANCE CASH RECEIPTS CASH DISBURSEMENTS CASH FLOW FROM OPERATIONS PP&E PURCHASE NET BORROWINGS INCOME TAXES PAID prior $0 0 0 0 0 0 0 + transaction -- -- -- -- -- = sum $0 0 0 0 0 0 0