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B) Balance Sheet Cash Develop the Statement of Cash Flows from the Income Statement and Balance Sheet below. Show work. 2014 2015 2014 2015 $123,700
B) Balance Sheet Cash Develop the Statement of Cash Flows from the Income Statement and Balance Sheet below. Show work. 2014 2015 2014 2015 $123,700 $87,051 A/P $1,389,070 $1,676,900 $1,234,50O $1,435,000 N/P $1,135,300 $1,534,500 $391,330 $582,505 Invento Total CA $2,493,500 $3,056,551 Total CL $1.780,400 $2,259,405 $1,234,900 $1,416,790 $1,265,000 $1,468,256 $4,280,300 $5,144,451 Net FA $1,786,80 $2,087,900|LT Debt Equi Total Liab. & Total Assets $4,280,300 $5,144,451 Equity Income Statement Revenues Cost of Goods Sold($9,807,650) 2015 $12,456,430 $2,648,780 ($1,087,600) ($987,640) $573,540 $234,780) $338,760 (S135,504) $203,256 Gross Profit Expenses Depreciation EBIT Interest Expense Taxable Income Taxes (40%) Net Income
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