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and also can you tell mw what im missing in this question $1,546,898 757, 540 788,460 SONAD COMPANY Income Statement For Year Ended December 31

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and also can you tell mw what im missing in this question
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$1,546,898 757, 540 788,460 SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $211,892 Depreciation expense 37,104 Rent expense 41,742 Amortization expenses-Patents 4,638 Utilities expense 17,096 Gain on sale of equipment Net income 312,292 476,168 6,184 $ 482,352 Accounts receivable Inventory $44,458 increase 30,400 increase Accounts payable Salaries payable $12,925 decrease 5,958 decrease Prepare the operating activities section of the statement of cash flows using the Indirect method (Amounts to indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Net income 482,352 Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Increase in accounts receivable Changes in current operatina assets and liabilities Accounts receivable Inventory $44,450 increase 38,400 increase Accounts payable Salaries payable $12,925 decrease 5,950 decrease Prepare the operating activities section of the statement of cash flows using the indirect method (Amounts to be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Net income 482,352 Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Increase in accounts receivable Changes in current operating assets and liabilities $ 482,352 For Current Year Ended December 31 Cash flows from operating activities Net income $ 10,800 Adjustments to reconcile net income to net cash provided by operations: Income statement items not affecting cash Depreciation expense 7,100 Changes in current operating assets and liabilities Decrease in accounts receivable Increase in inventory Decrease in salaries payable Decrease in accounts payable 2,300 (19,600) (100) (2,000) ces $ (1,500) Cash flows from investing activities Cash paid for equipment (8,100) $ (8,100) Cash flows from financing activities Cash received from stock issuance 9,400 $ $ Net cash provided by financing activities Net decrease in cash Cash balance at beginning of year Cash balance at end of year 9,400 (200) 31,200 31,000 $

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