4 Question 6 of 6 < > Here are comparative statements of financial position for Marin SE. Syal SE Comparative Statements of Financial Position December 31 Assets: 2020 2019 Land 72,600 100,000 Equipment 260,500 199.300 Accumulated depreciation-equipment (65,700) (33,700) Inventory 170,300 186,900 Accounts receivable 86,000 71.500 Cash 73,400 33,100 Total 597,100 557.100 Equity and Liabilities. TATAVA DO ENG Q WER 40 Assignment 4 Question 6 of 6 > Equity and Liabilities Share capital-ordinary (1 par) 216,200 175,500 Retained earnings 195,000 131,100 Bonds payable 150,600 204,000 Accounts payable 35,300 46,500 Total 597,100 557,100 Additional information: 1. Net income for 2020 was 101,200. 2 Depreciation expense was 32.000. 3. Cash dividends of 37,300 were declared and paid. 4. Bonds payable amounting to 53,400 were redeemed for cash 53,400. D 7-209 FATA DO ENG C 2 037 4 S 45 16 8 144 6 Question 6 of 6 < < -/15 4. Bonds payable amounting to 53,400 were redeemed for cash 53,400. 5. Common stock was issued for 40,700 cash. 6. No equipment was sold during 2020. 7. Land was sold for its book value of 27,400. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a-sign eg -15,000, or in parenthesis eg. (15,000).) DATA ENG A MARIN SE Statement of Cash Flows For the Year Ended December 31, 2020 For the Month Ended December 31.2020 December 31, 2020 Question 6 of 6 < Adjustments to reconcile net income to D DOING FATA -/15E Question 6 of 6 DO ENG < -/15 ment 4 Question 6 of 6 < Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash Used by Financing Activities Net Cash Used by Investing Activities Net Cash Used by Operating Activities Net Decrease in Cash Net Increase in Cash ENG 7 Question 6 of 6 -/15 E Save for Later Attempts: unlimited Submit