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Cash Flows and Financial Statements at Sunset Boards, Inc. Sunset Boards. Inc., is a small company that manufactures and sells surfboards in Malibu. Tad Marks, the founder of the company, is in charge of the design and sale of the surfboards, but his background is in surfing, not business. As a result, the company's financial records are not well maintained. The initial investment in Sunset Boards was provided by Tad and his friends and family. Because the initial investment was relatively small. and the compary has made surfboards only for its own store, the investors haven't required detailed financial statements from Tad. But thanks to word of mouth among professional surfers. sales have picked up recently, and Tad is considering a major expansion. His plans include opening another surfboard store in Hawaii, as well as supplying his "sticks" (surfer lingo for boards) to other sellers. Tad's expansion plans require a significant investment, which he plans to finance with a combination of additional funds from outsiders statenents than Tad has previously ptepared. At the urging of his investors, Tad has hired financial analyst Christina Jennings to evaluate the performance of the compary over the past year. After rooting through old bank statements, sales receipts, tax returns, and other records, Christina has assembled the following information: Cash Flows and Financial Statements at Sunset Boards, Inc. Sunset Boards. Inc., is a small company that manufactures and sells surfboards in Malibu. Tad Marks, the founder of the company, is in charge of the design and sale of the surfboards, but his background is in surfing, not business. As a result, the company's financial records are not well maintained. The initial investment in Sunset Boards was provided by Tad and his friends and family. Because the initial investment was relatively small. and the compary has made surfboards only for its own store, the investors haven't required detailed financial statements from Tad. But thanks to word of mouth among professional surfers. sales have picked up recently, and Tad is considering a major expansion. His plans include opening another surfboard store in Hawaii, as well as supplying his "sticks" (surfer lingo for boards) to other sellers. Tad's expansion plans require a significant investment, which he plans to finance with a combination of additional funds from outsiders statenents than Tad has previously ptepared. At the urging of his investors, Tad has hired financial analyst Christina Jennings to evaluate the performance of the compary over the past year. After rooting through old bank statements, sales receipts, tax returns, and other records, Christina has assembled the following information

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