What would be the CC balance sheet and cash flows statement?

What would be the CC balance sheet and cash flows statement?

1. Borrowed $175,000 from the bank to start the business.

2. Purchased $112,000 inventory for cash.

3. Inventory costing $64,400 was sold for $105,000 cash.

4. Paid $14,700 cash for operating expenses.

CC balance sheetCashInventoryLiabilityEquityCash flow statementNet incomeAdjustmentsIncrease in inventoryCash flow from operationsCash flow from financingCash flow from investingCash…