50 POINTS: PARTIAL CASH FLOW you will need to upload your PDF solution of this problem The accountant for Puzzle Pieces, Inc started to prepare their cash flow statement for 2020 and then gave up after getting frustrated. Complete the statement of cash flows on your preprinted worksheet or blank sheet of paper. Below you will find additional information and the needed partial balance sheet info to complete the problem. This is the same as on the worksheet provided to you already. The letters are meant to help you know what is missing. Often the description or title as well as the amount are missing. You can assume what is partially completed is correct, and needs to be included. Don't just write the letters w/the answers ~ recreate the actual statement. Puzzle Pieces, Inc Statement of Cash Flows For the Year Ending December 31, 2020 CASH FLOWS FROM OPERATING ACTIVITIES Net Income Adjustments to reconcile Net Income to cash flows from operations Increase in AR Decrease in Prepaids Decrease in Unearned Revenue Non Cash Income and Expenses b). a) $ $ (30,000) $ 4,000 $ $ (3,000) c). d) Net Cash CASH FLOWS FROM INVESTING ACTIVITIES e). f) g) Net Cash CASH FLOWS FROM FINANCING ACTIVITIES h) (1) Net cash $ $ S $ $. (k) $ $ Net increase in cash $ Cash at the beginning of the year $130,000 Cash at the end of the year $381,000 Non Cash Investing and Financing Activities 1) ADDITIONAL INFO: Cash at the beginning of the year $130,000 Cash at the end of the year $381,000 Non Cash Investing and Financing Activities 1) ADDITIONAL INFO: 1). Puzzle Pieces exchanged $300,000 in Common Stock for Equipment worth $300,000. Do not be concerned about splitting between Par and APIC. 2). Puzzle Pieces sold equipment costing $100,000 with accumulated depreciation of $90,000 for $20,000 cash. 3). Cash dividends were paid of $50,000 4) All other transactions were completed with cash SELECTED BALANCE SHEET INFO Account 12/31/20 12/31/19 Equipment $400,000 $50,000 Accumulated Depreciation $(120,000) $(100,000) Bond Payable $200,000 $0 Bond Premium $10,000 $0 Common Stock (par & APIC) $400,000 $100,000 Retained Earnings $160,000 $60,000