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Bolero Company holds 75 percent of the common stock of Rivera, Incorporated, and 40 percent of this subsidiary's convertible bonds. The following consolidated financial statements

Bolero Company holds 75 percent of the common stock of Rivera, Incorporated, and 40 percent of this subsidiary's convertible bonds. The following consolidated financial statements are for 2023 and 2024 (credit balance indicated by parentheses) : Use the pictures below to complete the chart. Show work please!! image text in transcribed
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Bolero Company holds 75 percent of the common stock of Rivera, Incorporated, and 40 percent of this subsidiary's convertible bonds The following consolidated financial statements are for 2023 and 2024 (credit balances indicated by parentheses): Additional information for 2024 - The parent issued bonds during the year for cash. - Amortization of databases amounts to $26,000 per year - The parent sold a butlding with a cost of $102,000 but a $51,000 book value for cash on May 11 - The subsidiary purchased equipment on July 23 for $249,000 in cash. - Late in November, the parent issued stock for cash. - During the year, the subsidiary paid dividends or $52,000. Both parent and subsidiary pay dividends in the same year as deciared. Requlred: Prepare a consolidated statement of cash flows for this business combination for the year ending December 31,2024 Use the indirect method to compute cash flow from operating activitues. Note: Negotive amounts and amounts to be deducted should be indicated by a minus sign

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