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#04 Baker Corporation provided the following Statements for 2020-21 - Balance Sheet Assets Cash Accounts Receivable Inventory Total Current Asset Gross Fixed Assets Accumulated Depreciation
#04 Baker Corporation provided the following Statements for 2020-21 - Balance Sheet Assets Cash Accounts Receivable Inventory Total Current Asset Gross Fixed Assets Accumulated Depreciation Net Fixed Asset Total Asset 2021 Taka 60,000.00 320,000.00 440,000.00 820,000.00 560,000.00 180,000.00 380,000.00 1,200,000.00 2020 Taka 70,000.00 370,000.00 300,000.00 740,000.00 520,000.00 150,000.00 370,000.00 1,110,000.00 Liabilities & Stockholders' Equity Current Liabilities Accounts Payable Notes Payable Accrued Expense Total Current Liabilities Long Term Debt Total Liabilities 370,000.00 110,000.00 40,000.00 520,000.00 320,000.00 840,000.00 320,000.00 90.000.00 20,000.00 430,000.00 350,000.00 780,000.00 Stockholders' Equity Common Stock at par Sha Premium Reser Retained Earnings Total Liabilities & Stockholders' Equity 100,000.00 150,000 110,000.00 1,200.000.00 100,000.00 150,000.00 80,000.00 1,110,000.00 Income Statement Sales Cogs Gross Profit Operating Expenses Operating Income (EBIT) Interest Earnings before Tax (EBT) Tax (30%) Earnings after Tax (Net Income) 2021 Taka 2.200,000.00 1,420,000.00 780,000.00 600,000.00 180,000.00 29,000.00 151.000.00 45,000.00 106,000.00 Additional Information: 1. Purchased equipments paying Taka 40,000.00 cash. 2. Annual depreciation expense was Tk. 30,000..00 3. Paid cash dividend of Tk.76,000.00 4. No sale of fixed asset. Required Prepare a Cash Flow Statement for the year 2021. Marks : 12
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