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Assume the Earl Coffee Roasters Corp. ended the month of August 2022 with these data: (Click the icon to view the financial data.) (Click the
Assume the Earl Coffee Roasters Corp. ended the month of August 2022 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.) Read the requirement Click th the icon to view balance sheet.) Save 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 $0 balance, make sure to enter "0" in the appropriate cell.) Earl Coffee Roasters Corp. Statement of Cash Flows Month Ended August 31, 2022 Cash flows from operating activities: Not cash provided by (used for) operating activities Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities: Net cash provided by (used for) financing activities Not increase (decrease) in cash Cash balance, August 1, 2022 Cash balance. August 31, 2022 Get more help Clear all Check answer N sh N sh N Data table Payments of cash: Acquisition of equipment Dividends Retained earnings $ 203,200 Cash balance, August 1, 2022 0 2,500 Cash balance, August 31, 2022 5,500 Cash receipts: August 1, 2022 0 Retained earnings August 31, 2022 Utilities expense Adjustments to reconcile net income to net cash provided by operations Salary expense 5,600 Equipment Office supplies Issuance (sale) of stock to owners Rent expense 22,000 1,900 ? Common stock 22,000 203,200 7,300 1,500 Accounts payable 78,800 Service revenue 8,800 274,000 Print Done - st 355 co Reference Earl Coffee Roasters Corp. Statement of Retained Earnings Month Ended August 31, 2022 tin Retained earnings, August 1, 2022 $ 0 187,700 (U tin y (u cin Add: Net income Subtotal Less: Dividends Retained earnings, August 31, 2022 187,700 (2,500) $ 185,200 by (u Print Done - X enth Reference Earl Coffee Roasters Corp. Income Statement Month Ended August 31, 2022 Revenue: Service revenue $ 274,000 Expenses: Salary expense $ 78,800 Utilities expense 5,600 1,900 Rent expense 86,300 Total expenses Net income (loss) $ 187,700 Print Done - X Reference Earl Coffee Roasters Corp. Balance Sheet August 31, 2022 Assets Liabilities Cash $ 5,500 Accounts payable $ 8,800 Office supplies Equipment 7,300 Stockholders' Equity 203,200 Common stock 22,000 Retained earnings 185,200 Total stockholders' equity 207,200 216,000 216,000 Total assets Total liabilities and stockholders' equity Print Done - X
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