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9. (25 points). Skxwerks 2022 financial statements are shown below. Use this information complete a Statement of Cash flow and the next page. Skywerks Income

image text in transcribedimage text in transcribedimage text in transcribed 9. (25 points). Skxwerks 2022 financial statements are shown below. Use this information complete a Statement of Cash flow and the next page. Skywerks Income Statement For the Year Ended December 31, 2022 Other relevant data: a. Cash dividends of $50,000 were declared and paid. b. Equipment that costing $100,000 with accumulated depreciation of $50,000 was sold for $60,000. c. New equipment costing $250,000 was purchased with cash. d. Depreciation expense for the year was $60,000. e. Land was bought for $30,000 cash. f. Common stock was issued for cash. SkyWerks Statement of Cash Flows (in 000's) For the Year Ended December 31, 2022 Cash Flows from Financing Activities: Net Cash Provided From Financing Activities Net Increase (Decrease) in Cash for the Year Plus: Cash Balance, beginning of the year $ Equals Cash Balance, end of the year ====

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