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accidentally posted the same 2 photos twice. Castaway Co. Balance Sheet 20X1 100,000 20X2 100,000 48,000 30,000 Assets: Cash Accounts Receivable Inventory Prepaid Rent Equipment
accidentally posted the same 2 photos twice. Castaway Co. Balance Sheet 20X1 100,000 20X2 100,000 48,000 30,000 Assets: Cash Accounts Receivable Inventory Prepaid Rent Equipment Accumulated Dep BV of Equipment Land Total Assets 65,000 6,000 125,000 25,000 100,000 50,000 369,000 $ 50,000 12,000 300,000 35,000 265,000 20,000 477,000 $ Castaway Co. Income Statement for 20X2 Revenues $ COGS 200,000 75,000 125,000 Gross Profit Insurance Expense 5,000 Rent Fxnense mm 4:05 LTED D 29 Exit Total Assets $ 369,000 $ 477,000 Castaway Co. Income Statement for 20X2 $ Revenues COGS Gross Profit 200,000 75,000 125,000 Insurance Expense Rent Expense 5,000 6,000 5,000 Supplies Expense Depreciation Expense 10,000 Interest Expense 8,000 Net Income 91,000 What is cash paid for rent? Please use a positive number for your answer, even though it is cash paid. Enter answer... Castaway Co. Balance Sheet 20X1 100,000 20x2 100,000 48,000 30,000 Assets: Cash Accounts Receivable Inventory Prepaid Rent Equipment Accumulated Dep BV of Equipment Land 65,000 6,000 125,000 25,000 100,000 50,000 369,000 $ 50,000 12,000 300,000 35,000 265,000 20,000 477,000 Total Assets $ Castaway Co. Income Statement for 20X2 Revenues $ COGS 200,000 75,000 125,000 Gross Profit 4:05 LTED D 29 Exit Total Assets $ 369,000 $ 477,000 Castaway Co. Income Statement for 20X2 $ Revenues COGS Gross Profit 200,000 75,000 125,000 Insurance Expense Rent Expense 5,000 6,000 5,000 Supplies Expense Depreciation Expense 10,000 Interest Expense 8,000 Net Income 91,000 What is cash paid for rent? Please use a positive number for your answer, even though it is cash paid. Enter
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