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Additional Information Rock, Road reported nes income of $652000102021 Degreciator expense vias 5244000 in 2024 . Rocky Road scid glant assets during 2021 the plant

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Additional Information Rock, Road reported nes income of $652000102021 Degreciator expense vias 5244000 in 2024 . Rocky Road scid glant assets during 2021 the plant assers or ginaly cost 5176,000 , wh th accu Required D Assignment Chapter Statement of Cash Flows For Year Ended December 31, 2021 Cash flows from operating activities Add (deduct) items to convert net income to cash basis Depreciation Accounts receivable Inventory Prepaid rent Accounts payable: Wages payable income tax payable Cash flows from investing activities Cash flows from investing activities Purchase of plantassess Cash flows from financing activities Issuance of common wsioci Net cash increise Additional Information Rocky Road reported net income of $652,000 in 2021. Depreciation expense was $244,000 in 2021. Rocky Road sold plant assets during 2021. The plant assets originally cost $176,000, with accumulated depreciation of $96,000, and were soid for a gain of $32,000 Rocky Road declared and paid a $316,000 cash dividend in 2021. Required Additional Information Rock, Road reported nes income of $652000102021 Degreciator expense vias 5244000 in 2024 . Rocky Road scid glant assets during 2021 the plant assers or ginaly cost 5176,000 , wh th accu Required D Assignment Chapter Statement of Cash Flows For Year Ended December 31, 2021 Cash flows from operating activities Add (deduct) items to convert net income to cash basis Depreciation Accounts receivable Inventory Prepaid rent Accounts payable: Wages payable income tax payable Cash flows from investing activities Cash flows from investing activities Purchase of plantassess Cash flows from financing activities Issuance of common wsioci Net cash increise Additional Information Rocky Road reported net income of $652,000 in 2021. Depreciation expense was $244,000 in 2021. Rocky Road sold plant assets during 2021. The plant assets originally cost $176,000, with accumulated depreciation of $96,000, and were soid for a gain of $32,000 Rocky Road declared and paid a $316,000 cash dividend in 2021. Required

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