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#17.15 Prepare & worksheet~4 8 35 Comperalive balance sheets for Intemational Company are presented below TRY = INTERNATIONAL COMPANY: Comparative Balance Sheets December 31 2020-

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#17.15 Prepare & worksheet~4 8 35 Comperalive balance sheets for Intemational Company are presented below TRY = INTERNATIONAL COMPANY: Comparative Balance Sheets December 31 2020- 2019 Assets - Cash: Accounts receivable 24 4.. 573,000 3 1 14 85.000 . 4:$22.000: 76,000 Ientory. -180,000 189,000 "-Land Equipment +.75,000 100.000 :250,000 ; 200,000 : Accumulated depreciation - equipment -; (68,000) (42,000) Total- $587 000 $545,000 "LIabilities and Stockholders' Equity Accounts payable $34,000 2:$47,000 Bonds payable 150,000 200,000 Common Stock ($1-par) = a 214,000 164,000 Retained earnings 199 000 - 134.000 BAKEWARE Total $597 000 $545,000 Additional Information: 's Net Income for 2020 was $135,000. BE; Cash dividends of $70,000 were declared and paid. 321is Bonds payable amounting to $50,000 were redeemed for cash $50,000. 4Common stock was issued for $50,000 cash: - 5.4: Depreciation expense was $24,000,% 6. Sales for the year were $978,000, hi Instructions . Prepare a worksheet for a statement of cash flows for 2020 using the indirect method.. Enter ?, the reconciling Items directly on the worksheet, using letters to cross reference each entry. NOTE: Enter a number in cells requesting a value; enter either a number or a formula In cells with

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