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Below are the balance sheets of ABC Company at the end of 2010 and 2011: 2010 Assets Liab. & Owners Equity Cash Account receivable $1,000
Below are the balance sheets of ABC Company at the end of 2010 and 2011: 2010 Assets Liab. & Owners Equity Cash Account receivable $1,000 Lon Inventory $500 $8,000 $4,000 S5,000 $1,400 S11,300 Accounts payable g-term debt 6,600 Common stock (par value $2) Additional paid-in capital Retained earnings Total Assets S18,900Liab. & Owners Equit $18,900 2011 Assets Liab. & Owners Equity $1,100 $306 $23,000 4,400 6,000 1,809.68 Cash Account receivable Inventory $8,434 Accounts payable $2,460|Deferred taxes S5,972 Long-term debt Common stock (par value $2) PP&E Accum depreciation (S250) Retained earning $20,000 Additional paid-in capital Total Assets S36,616Liab. & Owners Equit $36,616 The net income for year 2011 is $569. Please create the statement of cash flows for year 2011 (Round up the numbers - no decimal points)
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