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Assume the Drouin Coffee Roasters Corp. ended the month of August 2019 with these data: (Click the icon to view the financial data.) (Click the

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Assume the Drouin Coffee Roasters Corp. ended the month of August 2019 with these data: (Click the icon to view the financial data.) (Click the icon to view income statement.) (Click the icon to view statement of retained earnings.) (Click the icon to view balance sheet.) Read the requirement Prepare the statement of cash flows. Begin by completing the heading. Then complete the rest of the statement. (Use parentheses or a minus sign to show cash payments, cash outflows, and/or a net decrease in cash. For accounts with a 50 balance, make sure to enter "0" in the appropriate cell.) - Data Table Data Table Cash flows from operating activities: Payments of cash Drouin Coffee Roasters Corp. Acquisition of equipment $ 208,600 Cash balance, August 1, 2019 0 Statement of Retained Earnings Net cash provided by (used for) operating activities Dividends 2,700 Cash balance, August 31, 2019 5,900 Month Ended August 31, 2019 Cash flows from investing activities: Retained earnings Cash receipts: Retained earnings, August 1, 2019 S 0 August 1, 2019 0 Issuance (sale) of stock to owners 28,300 Net cash provided by used for) investing activities 187,400 Add Net income Retained earnings Rent expense 1,900 Cash flows from financing activities: Subtotal August 31, 2019 184,700 Common stock 28,300 187,400 (2.700) Utilities expense 208,600 Less: Dividends S 184,700 Adjustments to reconcile net income 5,200 Equipment Office supplies 1,500 Accounts payable 7,300 Retained earnings, August 31, 2019 Net cash provided by (used for) financing activities to net cash provided by operations... 8,800 Net increase (decrease) in cash Salary expense 78,200 Service revenue 272.700 ............. Print Done Cash balance, August 1, 2019 Data Table Cash balance, August 31, 2019 Data Table - Explain the relationship among the income statement, statement of retained earnings, balance sheet, and statement of cash flows. Net income on the statement of retained earnings comes directly from the Drouin Coffee Roasters Corp. Drouin Coffee Roasters Corp. Income Statement Ending retained earnings on the comes directly from the Balance Sheet Month Ended August 31, 2019 Ending cash on the vis reported on the August 31, 2019 Revenue Assets Liabilities Service revenue $ 272,700 Cash S 5,900 Accounts payable S 8,800 Expenses Salary expense Office supplies 7,300 Stockholders' Equity S 78.200 208,600 Equipment Common stock Utilities expense 5,200 28,300 184,700 1,900 Retained earnings Rent expense 213,000 85,300 Total stockholders' equity Total expenses $ 221,800 S 221,800 S 187,400 Total assets Total liabilities and stockholders' equity Net income (loss) Choose from any list or enter any number in the input fields and then continue to the next question. Print Done Print Done

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