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Analyze the information below: From the Balance Sheet 2018 2019 Change Machinery and Equipment Accrued Depreciation 41,250,000 (15,600,000) 51,020,900 (19,875,000) 9,770,900 (4,275,000) 2,000,000 Preferred Stock

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Analyze the information below: From the Balance Sheet 2018 2019 Change Machinery and Equipment Accrued Depreciation 41,250,000 (15,600,000) 51,020,900 (19,875,000) 9,770,900 (4,275,000) 2,000,000 Preferred Stock Common stock APIC Retained Earnings Total Equity 100,000 9,850,000 30,000,000 39,950,000 2,000,000 100,000 9,850,000 41,452,000 53,42,000 11,452,000 From the Income Statement you know that: Net income was Depreciation was $11,502,000 4,300,000 And from other notes you know that a truck, originally valued at 29,100 was sold for 1,000 cash A) What was the effect of the truck sale on operating cash flow? B) What was the effect of the truck sale on investing cash flow? (Show cash received and equipment purchases) C) What was the effect of changes in the equity section of the balance sheet on the financing section of the cash flow? For how to answer, see below. 1. Specify name: Example, Accounts receivable, loss on machinery, depreciation, etc. 2. Give amount of change using parenthesis for use of cash and positive number for source of cash Example: (200,000) for use of cash; 200,000 for source of cash 3. Actually specify, use of cash or source of cach Example of a properly done answer ($200,000) use of cash Prepaid expenses or Prepaid expenses $200,000 source of cash

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