Question
9 S 000 '8IS Jo uopgejoaidap 16. (10 points) Diane's balance sheets ofDecember31, 2016 and 2017 Accounts receivable Prepaid exgxnses Property, plant, and equipnrnt at
9 S 000 '8IS Jo uopgejoaidap
16. (10 points) Diane's balance sheets ofDecember31, 2016 and 2017 Accounts receivable Prepaid exgxnses Property, plant, and equipnrnt at cost Accumulated depreciation TOTAL ASSETS Accrued wages Uneamed reven ues Dividends payable Long- term debt Comnxyn stock AMitional paid-in-capital Retained earnings TOTAL LIABILITIES & SE OTHER INFORMATION I. During 2017, Diane Of S 2016 $100000 250,000 s 2ooo 44,000 50,000 23,000 67000 2017 Slqooo 195,000 25,000 s 5,000 4000 25,000 90,000 90,000 2. During 2017. Diane tth Exrr0wed a long-tam basis and paid During 2017. Diane $60, (XX). 3. mring 2017. Diane txught sold plant. and (PP&E). A machine Diane sold during 2017 CoSt her Diane sold thc PP&E for At thc tinr Ofw sale, the PP&E had accumulated &preciation of S 18,0. 4. mring 2017. Di issued conunon 5. mring 2017. Diane declared four quarterly dividends. 2017 was the first in which divi&nds. 6. [haring 2017, Diane did NOT into any nori-cash investing or financing activities. Prepare Diane's Statement ofCash Flows (in gxl form) for the year ended December 31, 2017. Diane the
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