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answer respond Asap. thank you 1. Statement of cash flows preparation. Selected financial statement information and additional data for Stanislaus Co. is presented below. Prepare
answer respond Asap. thank you 1. Statement of cash flows preparation. Selected financial statement information and additional data for Stanislaus Co. is presented below. Prepare a statement of cash flows for the year ending December 31, 2020. December 31 2019 2020 Cash $42,000 $60,000 Accounts receivable (net) 84,000 144,200 Inventory 168,000 206,600 Land 58,800 26,000 Equipment 504,000 789,600 TOTAL $856,800 $1,226,400 Accumulated depreciation $84,000 $110,600 Accounts payable 50,400 91,000 Notes payable - short-term 67,200 29,400 Notes payable - long-term 168,000 302,400 Common stock 420,000 487,200 Retained earnings 67.200 205,800 TOTAL $856,800 $1,226,400 Additional data for 2020: 1. Net income was $230,200. 2. Depreciation was $26,600. 3. Land was sold at its original cost. 4. Dividends of $91,600 were paid. 5. Equipment was purchased for $84,000 cash. 6. A long-term note for $201,600 was used to pay for an equipment purchase. 7. Common stock was issued to pay a $67,200 long-term note payable
answer respond Asap. thank you
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