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24.00 points xs supply company is developing its annual financial s at December 31, 2010. The statements are complete except for the statement of cash

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24.00 points xs supply company is developing its annual financial s at December 31, 2010. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized Balance Sheet at December 31 36,400 29,200 Accounts Receivable 34.900 28,700 Merchandise Inventory 39,700 36.300 Property and Equipment 121,100 101,800 Less: Accumulated Depreciation (29,700) (25.100) $202,400 $170,900 Accounts Payable 35,600 26,100 Wages Payable 1,100 1,400 Note Payable, Long-Term 36.100 42,800 Contributed Capital Retained Earnings 38,600 $202,400 170,900 ncome Statement for 2010 120,500 Cost of Goods Sold Other Expenses 38,600 Net Income 13,100 Additional Data Bought equipment for cash, $19,300. b Paid $6,700 on the long-term note payable. c issued new shares of stock for $15,900 cash. d No dividends were declared or paid e other expenses included depreciation, $4,600 wages, $20,500, taxes 00 other, $7.400. f. Accounts payable includes only inventory purchases made on credit Because there are no liability accounts relating to taxes or other expenses, assume that these expenses were fully paid in cash Prepare the statement of cash flows for the year ended December 31, 2010, using the Adobe Acrobat DC was updated successfully! Amounts to be deducted and negative net cash amount should be indicated wit Changes will take effect next time you restart your system.cick gn in

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