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52) Given the following information for Cat Castle Incorporated prepare their statement of cash flows for December 31, 2017 under ASPE. 2017 2016 Cash 375000

52) Given the following information for Cat Castle Incorporated prepare their statement of cash flows for December 31, 2017 under ASPE.

2017

2016

Cash

375000

250000

Accounts receivable

85000

75000

Interest receivable

5000

6000

Inventory

82000

95000

Prepaid Expenses

48000

10000

Non-current - Note

receivable

90000

125000

Property, plant and

Equipment

325000

330000

(net of depreciation)

Accounts payable

33000

20000

Accrued liabilities

45000

56000

Common Shares

825000

755000

Retained Earnings

105000

60000

Net income

50000

Depreciation expense

2000

Gain on sale of property

1500

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52) Given the following information for Cat Castle Incorporated prepare their statement of cash flows for December 31, 2017 under ASPE. + t 2017 2016- 250000- 75000 375000- 85000 5000 - 82000- 48000- +6000 95000-2 10000 Cash Accounts receivable Interest receivable Inventory Prepaid Expenses Non-current - Note receivable Property, plant and Equipment (net of depreciation) 90000- 125000- 325000 330000- Accounts payable Accrued liabilities Common Shares Retained Earnings 33000 45000- 825000 105000 - 20000- 56000--- 755000- 60000- Net income Depreciation expense Gain on sale of property 50000- 2000- 1500

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