14. Statement of cash flows preparation Selected financial statement information and additional data for Jose Enterprises is presented below. Prepare a statement of cash flows for the year ending December 31, 2019 Johnston Enterprises Statement of Financial Position and Income Statement Data December 31. December 31 2018 Property. Plant, and Equipment HKS1.341,000 HKSI.122.000 Less: Accumulated Depreciation (476,00 (442.000 765.000 60 DO Current Assets: Inventory 1.000 340.000 Accounts Receivable 238.000 153.00 Total Current Assets 765.000 Total Assets HKS1.547 HKSI.445.000 Equity Shure Capital-Ordinary HKS 510.000 HKS 467.500 Retained Earnings 340.000 Total Equity $4.000 807-500 Non-Current Liabilities: Bonds Payable 300.000 391.000 Current Liabilities Accounts Payable 102.000 Notes Payable 51.000 68.000 Income Taxes Payable 5.000 76.500 Total Current Liabilities 246.500 Total Liabilities 63.000 637.500 Total Liabilities & Equity HKSI.547.000 HKSI.45.000 Sales Revenue HK$1.615.000 HKS1.513,000 Less Cost of Goods Sold 731.000 Gross Profit Expenses Depreciation Expense 153.000 136.000 Salaries and Wages Expense 391,000 357.000 Interest Expense 34.000 Loss on Sale of Equipment 17.00 0 Income Before Taxes 255.000 Less Income Tax Expense 119.000 102.000 Net Income KS 120.000 HKS 150.000 Additional Information: During the year, Johnston sold equipment with an original cost of HK$153.000 and accumulated depreciation of HKSI19,000 and purchased new equipment for HKS272.000 o *#4, 861871>>