Answer full question. ### Trial Balance of Pacillo Security Services, Inc. (as of January 1, Year 5)#### Normal Balances:- **Cash:** $62,868- **Accounts Receivable:** $20,580- **Supplies:** $150- **Prepaid Rent:** $2,100- **Merchandise Inventory:** (9 @ $240) $2,160- **Land:** $4,800- **Accounts Payable:** $980- **Salaries Payable:** $1,800- **Common Stock:** $50,000- **Retained Earnings:** $39,190### Transactions during Year 5:1. **Paid the salaries payable from Year 4.**2. **January 15:** Purchased 20 standard alarm systems for cash at a cost of $250 each.3. **February 1:** Paid the accounts payable of $980, not within the discount period (using gross method).4. **March 1:** Leased a business van and paid $4,800 for one year's lease in advance.5. **May 1:** Paid $7,200 for one year’s rent on the office in advance.6. **Purchased $500 of supplies paid in cash**, to be used over several months by the business.7. **August 1:** Purchased 25 alarm systems for resale at a cost of $260 each, paid in cash.8. **September 5:** Purchased on account 30 standard alarm systems at a cost of $265 each.9. **Installed 60 standard alarm systems for $33,000:** - Sales of $22,000 were on account. - Sales of $11,000 were cash sales.10. **Recorded the cost of goods sold ($550) for the sale from Event 9 using the perpetual FIFO method.**11. **Refunded a dissatisfied customer who returned an alarm system.** - The sale had been a cash sale for $550 with a cost of $260. - Recorded the reversal of revenue.12. **Refunded another dissatisfied customer who returned an alarm system.** - The sale had been a cash sale for $550 with a cost of $260. - Recorded the reversal of cost.13. **Paid all installers and other employees a total of $21,000 in cash for salaries.**14. **Sold monitoring **Cash Flow Statement as of December 31, Year 5**---### Pacillo Security Services, Inc.**Statement of Cash Flows**\_For the Year Ended December 31, Year 5_**Cash Flows from Operating Activities:**- (Details of cash flows from operating activities, such as cash receipts from customers and cash payments for expenses, would be listed here) **Net Cash Flow from Operating Activities:**- \$0 (The net total for operating activities)**Cash Flows from Investing Activities:**- (Details of cash flows from investing activities, such as purchase of equipment or sale of investments, would be listed here)**Net Cash Flow from Investing Activities:**- \$0 (The net total for investing activities)**Cash Flows from Financing Activities:**- (Details of cash flows from financing activities, such as issuance of shares or repayment of loans, would be listed here)**Net Cash Flow from Financing Activities:**- \$0 (The net total for financing activities)**Ending Cash Balance:**- \$0 (The closing cash balance for the period)At the bottom of the statement, there are options to navigate to the **Balance Sheet** or **Analysis** sections, which would provide additional financial context and detailed accounting insights. *Note: Ensure all specific monetary values and transaction details are included while maintaining accurate documentation for each cash flow section.*

Cash flow statement is one of the key financial statements which represents the change in the…

The trial balance of Pacilio Security Services, Inc. as of January 1, Year 5, had the following normal balances: 26 Cash $62,860 20,500 15e 2,e00 2,160 4,000 980 1,500 50,000 39, 190 Accounts receivable Supplies Prepaid rent Merchandise inventory (9 e $240) Land Accounts payable Salaries payable Common stock Retained earnings Skipped During Year 5, Pacilio Security Services experienced the following transactions: 1. Paid the salaries payable from Year 4. 2. On January 15, purchased 20 standard alarm systems for cash at a cost of $250 cach. 3. On February 1, paid the accounts payable of $980, but not within the discount period. (The company uses the gross method.) 4. On March 1, leased a business van. Paid $4,800 for one year's lease in advance. 5. Paid $7,200 on May 1 for one year's rent on the office in advance. 6. Purchased with cash $500 of supplies to be used over the next several months by the business. 7. Purchased with cash another 25 alarm systems on August 1 for resale at a cost of $260 each. 8. On September 5, purchased on account 30 standard alarm systems at a cost of $265. 9. Installed 60 standard alarm systems for $33,000. Sales of $22,000 were on account, while $11,000 were cash sales. O. Record the cost of goods sold related to the sale from Event 9 using the perpetual FIFO method. 11. Made a full refund to a dissatisfied customer who returned her alarm system. The sale had been a cash sale for $550 with a cost of $260. Record the reversal of revenue. 2. Made a full refund to a dissatisfied customer who returned her alarm system. The sale had been a cash sale for $550 with a cost of $260. Record the reversal of cost. 13. Paid installers and other employees a total of $21,000 cash for salaries. 14. Sold $45,000 of monitoring services during the year. The services are billed to the customers each month. 5. Sold an additional monitoring service for $1.200 for one year's service. The customer paid the full amount of $1,200 on October 1. 16. Collected $74,000 of accounts receivable during the year. 17. Paid an additional $6,000 to settle some of the accounts payable. 18. Paid $3,500 of advertising expense during the year. 9. Paid $2,320 of utilities expense for the year. 0. Paid a dividend of $15,000 to the shareholders.