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1.432 250 Net Fixed Assets Use the 2021 and 2020 Balance Sheets provided to complete the Statement of Cash Flow for Canh Masters, Inc You

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1.432 250 Net Fixed Assets Use the 2021 and 2020 Balance Sheets provided to complete the Statement of Cash Flow for Canh Masters, Inc You will also find additional information below that is also needed to prepare the statement Cash Masters, Inc Comparative Balance Sheets for the years ending December 31, 2021 and 2020 $2.238 $560 Total Assets Assets as of 12/31/21 as of 12/31/20 Liabilities Current Liabilities Accounts Payable Total Current Liabilities 26 36 36 26 Current Assets Cash AR.Net 730 230 44 66 900 100 32 14 Loan Payable Bond Payable Prepaid Expenses Total Current Assets 200 10 806 310 10 0 Bond Premium 126 822 400 1.146 Total Liabilities 800 0 Equipment Buildings Accum Depr buildings & equip) Net Fixed Assets (190) 11501 1.432 250 650 200 Equity Paid in Capital Treasury Stock Retained Earnings (8) Total Assets $2.238 $560 (14) 456 1,092 242 Total Equity 434 Liabilities Current Liabilities Accounts Payable Total Current Liabilities 26 $2,238 $560 36 36 Total Liabilities and Equity 26 ADDITIONAL INFORMATION NEEDED FOR CASH MASTERS, INC 1) The company paid dividends of $40 during the year, ADDITIONAL INFORMATION NEEDED FOR CASH MASTERS, INC 1) The company paid dividends of $40 during the year 2) During the year CMS purchased a building for $800 by entering into a term loan to say 3) During the year the company sold equipment with original cost of $32 with Accumulated Depreciation of $10 for $30 cash 4) During the year the company sold a 2nd piece of equipment with an original cost of $46, accumulated depreciation of $24 for $16 cash 51 Equipment with a FMV of $400 was contributed by an investor in exchange for Common Stock 6) Assume all other transactions were completed with cash Upload a Statement of Cash Flow is proper form for Cash Masters Inc on part of your PDF If you'd like instant grading enter your answer for Cash provided by or used in Financing Activities below. Your completed statement is required for credit even if answered correctly. Remember le partial credit, where Canvas does not

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