2010 2009 11. change 285,000 190,000 32.500 44,500 95,000 (12,000) 287,500 260,000 27,500 120,000 105,400 14,600 35,000 30,000 5,000 2,250 71,750 (70,500) 30,000 46,600 (6.700) COMPREHENSIVE PROBLEM: Using the information below prepare a statement of cash flows for Bodrum Company for the year 2010 in GOOD format (30 POINTS) Bodrum Company Information from Comparative Balance Sheets as of December 31 Accounts with Debit Balances Buildings Cath Equipment Inventories Land Prepaid Expenses Accounts Receivables (net) Sales Cost of Goods Sold Depreciation Other Expenses Gain on Sale of Assets Net Income Additional information; TL945,400 (667,500) (32,150) (198,750) 21,000 68,000 a Short term financial investments were purchased for TL 45,250 cash b. The company sold equipment with cost of 11. 25,000 and accumulated depreciation of TL 15,000 with sales price as of TL. 30,000 for cash; and purchased new equipment for cash c. A building valued at TL. 95,000 and land valued at TL. 5,000 was purchased by a cash payment of 11. 20,000 and issuance of a five year note payable for the rest, d. Issued and sold common stocks to increase capital. e Declared and paid cash dividends of T1. 30,000 Short term Financial Investments 45,250 45,250 Paid back bank loan 847,400 748,250 119,150 Accounts with Credit Balances Accounts Payable 34,000 57,500 (23,500) Accumulated Depreciation Buildings 60,500 55,000 7-500 Accumulated Depreciation-Equipment 90,400 80,750 9,050 Additional Paid-in Capital 43.000 35,000 8,000 Bank loans: 150,000 200,000 (50,000) Common Stock 270,000 250,000 20,000 Income Tax Payable 20,500 11,000 9.500 Note Payable (Long term note given for the land and building 80,000 0 80,000 Retained Earnings 99,000 61,000 38,000 847-400 748,250 119.150 Income Statement Accounts for the year 2010;