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2009 2010 d Cost of goods sold Cash $141,641 $178,839 30,880 45,192 9,962 20,437 39,983 8,702 al Depreciation Interest expense Selling & administrative 27,854 36,120

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2009 2010 d Cost of goods sold Cash $141,641 $178,839 30,880 45,192 9,962 20,437 39,983 8,702 al Depreciation Interest expense Selling & administrative 27,854 36,120 the any es- om onal on- expenses Accounts payable Net fixed assets Sales Accounts receivable Notes payable Long-term debt Inventory New equity 36,355 40,908 176,400 214,184 277,855 338,688 18,785 16,464 17,976 89,040 102,480 41,821 16,800 14,482 30,475 0 ning ying Sunset Boards currently pays out 50 percent of est onet income as dividends to Tad and the other origi- nal investors, and has a 20 percent tax rate. You are Paula's assistant, and she has asked you to prepare the following cial the yst m- 1. 2. 3. An income statement for 2009 and 2010. A balance sheet for 2009 and 2010. Operating cash flow for each year. les 4. Cash flow from assets for 2010. s- 5. Cash flow to creditors for 2010. 6. Cash flow to stockholders for 2010

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