21A-2. From the financial statements and additional information provided in Problem 21A-1 for Salmon Company, prepare a statement of cash flows using the direct method. 102 (60 min) Check Figure Net Change in Cash $800 increase 21A-1. From the following income statement (Figure 21.12 ), balance sheet (Figure 21.13 O), and additional data for Salmon Company, prepare a statement of cash flows using the indirect method. Figure 21.12 Income Statement for Salmon SALMON COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2018 $ 96.6 010100 Cost of Goods Sold 6819.0 000 $ 277 00 00 si 0 00 BOTO010 Operating Expenses: Kent Expense Depreciation Expense Salary Expense Miscellaneous Expense Total Operating Expenses Nel Income 680000 3 3 5000 25 150 00 2 5 5 000 EN Additional Data 1. All Plant and Equipment were purchased with cash. 2. Sold additional 5,500 shares of stock for cash at par. 3. A $2,000 dividend was declared and paid. 4. Short-term notes used to finance inventory. 21A-2. From the financial statements and additional information provided in Problem 21A-1 for Salmon Company, prepare a statement of cash flows using the direct method. 102 (60 min) Check Figure Net Change in Cash $800 increase 21A-1. From the following income statement (Figure 21.12 ), balance sheet (Figure 21.13 O), and additional data for Salmon Company, prepare a statement of cash flows using the indirect method. Figure 21.12 Income Statement for Salmon SALMON COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2018 $ 96.6 010100 Cost of Goods Sold 6819.0 000 $ 277 00 00 si 0 00 BOTO010 Operating Expenses: Kent Expense Depreciation Expense Salary Expense Miscellaneous Expense Total Operating Expenses Nel Income 680000 3 3 5000 25 150 00 2 5 5 000 EN Additional Data 1. All Plant and Equipment were purchased with cash. 2. Sold additional 5,500 shares of stock for cash at par. 3. A $2,000 dividend was declared and paid. 4. Short-term notes used to finance inventory