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a edugen Problem 13-11A The comparative balance sheets for Rothlisberger Company as of December 31 are presented below. ROTHLSBERGER COMPANY Comparative Balance Sheets 2016 Assets

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a edugen Problem 13-11A The comparative balance sheets for Rothlisberger Company as of December 31 are presented below. ROTHLSBERGER COMPANY Comparative Balance Sheets 2016 Assets Cash Accounts receivable Inventory Prepaid expenses Land Buildings 58,900 $46,100 63,600 151,600 142,500 21,600 99,200 130,100 199,200199,200 (58,700) (34,100) 231,300 157,700 40,800 13,900 3,300) (35,000) $692,900$691,700 iabilities and Stockholders Accounts payable Bonds payable Common stock, $1 par Retained earnings Equity $46,400 $39,800 260,000 294,100 192,300 158,200 194,200 199,600 $692,900 $691,700 Total Additional information: 1. Operating expenses include depreciation expense of $42.000 and charges from prepaid expenses of $7,700. 2. Land was sold for cash at book value. 3. Cash dividends of $51,400 were paid 4. Net income for 2017 was $46,000. pment was purchased for $95,400 cash. In addition, equipment costing s21,800 with a book value of $12,700 was sold for $5,700 cash. 6. Bonds were converted at face value by issuing 34,100 shares of $1 par value common stock Prepare a statement of cash fnows for the year ended December 31, 2017, u (15,000).) sing the indirect method. (Show amounts that decrease cash flow w ROTHLISDERGER of Cash Flows MacBook Air

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