Jobim Inc., had the following condensed balance sheet at the end of operations for 2013. During 2014

Question:

Jobim Inc., had the following condensed balance sheet at the end of operations for 2013.

During 2014 the following occurred.
1. A tract of land was purchased for $10,730.
2. Bonds payable in the amount of 519,640 were neared at Per.
3. An additional 110,040 in capital stock was Issued at par.
4. Dividends totaling 19,726 were pale, to stockholders.
5. Net income was $30,050 after deducting depreciation of $13,770.
6. Land was purchased through the issuance or $22,160 in beads.
7. Jobim Inc. sold pelt of Its Investment portfolio to $13,000. This transaction resulted In a gain of 52.070 for the company. The company classifies the investments as available-for-salt.
8. Both current assets (other than cash) and current liabilities remand at the same amount.
Prepare a statement e cash rows foe 2014

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...