2019 5,700.0 3,534.0 2,166.0 3D Moncton Electronics Inc. Income Statement (5 millions) 2020 Sales Revenues 6,000.0 Cost of Goods Sold 3,600.0 Contribution Margin 2,400.0 Operating Expenses Salaries 500.0 Wages 625.0 General/Admin 5074 Amortization Depreciation 200.0 Interest 176.0 Earnings B4 Taxes 3916 Taus 1566 Earnings After tax 236,0 Preferred Dividends 1.0 Net Earnings Appliable to Commoi 234.0 4750 593.8 3912 Moncton Electronics Inc. Balance Sheet (5 millions) ASSETS 2020 2019 Current Assets Cash 2 Short-term Investments 120 Cert. of Deposit 10 Accounts Receivable 750 630 Inventory 1230 830 Total Current Assets 2.000 1,620 Net Plant & Equipment 2,000 1,740 TOTALASSETS 4,000 3,380 LIABILITES and SHAREHOLDERS EQUITY Current Liabilities Accounts Payable 120 Notes Payable 120 Taxes Payable 20 25 Accrued Expenses 2 26 Total Current Liabilities 440 Long Term Debt First Mortgage Bonds 1,000 872 Debenture Bonds 508 288 Total Liabilities 1,508 1.160 Equity Preferred Shares 10 10 Common Shares 340 Retained Eamings 1,522 1.410 Total Equity 1872 1,760 TOTAL LABUITES AND EQUITY 4,000 3,360 Problem 1 (15 marks) 180.0 120.0 406,0 1624 243.6 1.0 D 220 2426 Shares o's 100 million 340 a. Complete the 2020 Cash Flow Statement for Moncton Electronics. (5 marks) Moncton Electronics Cash flow Statement Operating Activities b. Complete the 2020 Sources and Uses Statement for Moncton Electronics. (5 marks) Moncton Electronics 2020 Sources and Uses of Funds c. Complete the 2020 Cash Flow Identity Statement for Moncton Electronics. (5 marks) Moncton Electronics 2020 Cash Flow Identity Cash Flow from As 2020