Answer:
<u>Horizontal statemtent:</u>
          Assets                      =   Liabilities    +    Equity
1)       30,000                      =        0            +   30,000
2) 18,000- 18,000              =        0            +      0
3)        17,000                     =        0            +   17,000
<u>Cash flow:</u>
+30,000 Financing
Operating
collected from customer 32,000
paid to suppliers             (18,000)
            net                         14,000
total cash flow                44,000
Income statment
sales revenue 32,000
COGS              (15,000)
income              17,000
Total assets:  47,000 (44,000 cash + 3,000 inventory)
Explanation:
assets:
1) +30,000 cash from common stock
2) 18,000 inventory - 18,000 cash = 0 effect on total assets
3) 32,000 cash - 15,000 inventory = 17,000
total assets: 30,000 + 17,000 = 47,000