1.The comparative balance sheet for the Bale company for year 1 and year 2 are presented below. The dividend declared and paid in year 2 is $13,500. Prepare a statement of cash flows. Treat the changes in noncurrent assets and acquisition/ disposal or PP&E

Year 1

cash 36000

noncurrent assets 132000

noncurrent liabilities 99000

contributed capital 49500

retained earnings 19500

year 2

Cash 48000

noncurrent assets 183000

noncurrent liabilities 75000

contributed capital 90000

retained earnings 66000