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can anyone answer my question? 9 *** 31, 2019 and Comparative Balance Sheets for 2018 and 2019 of Hot Cross Bun Bakery $3,800,000 2,250,000 1,55e,

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9 *** 31, 2019 and Comparative Balance Sheets for 2018 and 2019 of Hot Cross Bun Bakery $3,800,000 2,250,000 1,55e, eee 540, eee 200,000 54 Hot Cross Bun Bakery Income Statement Year Ended December 31, 2019 Sales Cost of goods sold Gross profits Selling and administrative expense Amortization expense Operating income Interest expense Earnings before taxes Taxes Earnings after taxes Preferred stock dividends Earnings available to common shareholders 810, eee 43,000 767,000 440,000 327,000 30,000 $297,000 Shares outstanding Earnings per share 198 , $1.50 Statement of Retained Earnings For the Year Ended December 31, 2019 Retained earnings, balance, January 1, 2019 Add: Earnings available to common shareholders, 2019 Deduct: Cash dividends declared and paid in 2019 Retained earnings, balance, December 31, 2019 $84 , 297 , 150,000 w $987,000 Statement of Retained Earnings For the Year Ended December 31, 2019 Retained earnings, balance, January 1, 2019 Add: Earnings available to common shareholders, 2019 Deduct: Cash dividends declared and paid in 2019 Retained earnings, balance, December 31, 2019 5840,000 297.000 150,000 5987,600 40 Comparative Balance Sheets For 2019 and 2018 December 31, 2019 December 31, 2018 $120,eee 540,000 640,000 29, een $105,000 528,00 614,000 58,800 1,329,000 100,000 1,3es,eee 199, eee Assets Current assets: Cash Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments (long-term securities) Plant and equipment Less: Accumulated depreciation Net plant and equipment Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Notes payable Accrued expenses 2, 2ee, eee 964,000 1,700,000 764,000 1,236,000 $2,665, eee 936,90 $2,350,000 $414,000 See, eee 34,000 $270,000 500,000 50,000 gEnabled: BFIN 250 Winter 22 Exam 3 Sa Help Save 5 E Submit Total assets $2,665,000 52,350,000 $414,000 500,000 34,80 $270,000 500.000 50,000 948,000 320,000 Liabilities and Shareholders' Equity Current liabilities: Accounts payable Notes payable Accrued expenses Total current liabilities Long-term liabilities: Bonds payable, 20xY Total liabilities Shareholders equity Preferred stock Common stock Retained earnings 140,00 100,000 17 1,088,000 920,000 90,000 see,000 987,000 90,000 500.000 840,eee Total shareholders equity 1,577,000 1,430,000 $2,665,800 Total liabilities and shareholders equity $2,350,000 Prepare a statement of cash flows for the Hot Cross Bun Bakery (Amounts to be deducted should be indicated with a minus sign. Omit $ sign in your response.) Hot Cross Bun Bakery Statement of Cash Flows For the Year Ended December 31, 2019 Operating Activities: (Click to select) Add items not requiring an outlay of cash: Click to select MAY als gEnabled: BFIN 250 Winter 22 Exam Help Prepare a statement of cash flows for the Hot Cross Bun Bakery. (Amounts to be deducted should be indicate Omit S sign in your response.) Hot Cross Bun Bakery Statement of Cash Flows For the Year Ended December 31, 2019 Operating Activities: (Click to select) Add items not requiring an outlay of cash: (Click to select) 01 Cash flow from operations Click to select) (Click to select (Click to select (Click to select Click to select) Net Change in non-cash working capital Cash (Click to select operating activities Investing activities: (Click to select) (Click to select) Cash (Click to select) Investing activities Financing activities: (Click to select) Click to select (Click to select) > >> ols g Enabled: BFIN 250 Winter 22 Exam Soved Hels 54 (Click to select) (Click to select (Click to select) (Click to select) (Click to select) Net Change in non-cash working capital Cash (Click to select operating activities Investing activities: (Click to select) (Click to select) Cash (Click to select) Investing activities Financing activities: (Click to select) (Click to select) (Click to select) Cash (Click to select financing activities (Click to select) Our Cash, beginning of year Cash, end of year

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