Total Liabilities and Equity

$733,000

Required:

1. Develop a Statement of Cash Flows for Just 4 Kids for the year ending December 31, 20×7. 

2. Analyze the performance of Just 4 Kids based on the financial statements.

3. If you were Bill, how would you explain the issues, which could be brought up from the analysis completed in parts 1 & 2?

4. If you were Nick, would you approve the loan for Bill? Why or why not?