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16,000 erest hald Os 12-11 Indirect: Computing cash from operations P2 CRUZ, ING Comparative Balance Sheets December 31,2017 2017 2016 Assets Cash Accounts receivable, net
16,000 erest hald Os 12-11 Indirect: Computing cash from operations P2 CRUZ, ING Comparative Balance Sheets December 31,2017 2017 2016 Assets Cash Accounts receivable, net $94,800 $24 41,000 51000 85,800 5,400 227,000 175,000 109,000 119,000 95,800 Prepaid expenses... Total current assets . Furniture . . . . Accum. depreciation-Furniture 17,000) 9.00 $319,000 $285000 CRUZ, INC. Income Statement For Year Ended December 31, 2017 Liabilities and Equity Wages payable.. Total current liabilities $ 15,000 $21,000 9,000 5.00 488,000 14,000 174,000 25,400 28,600 29,000 69,000 Notes payable (long-term) 54,400 97,500 Operating expenses Equity 229,000 179,000 35 6008,900 $319,000 $285,000 Other expenses . 89,100126,700 Common stock, $5 par value.. 47,300 17,300 S30,000 income taxes expense. Total liabilities and equity. Use the inrect method to prepare the cash provided or used from operating activities section only of te statemeat of cash flows for this company Requir
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