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Can someone please help With explanation in how you got the investing part Patel Winery, Inc. Comparative Balance Sheet December 31, 2017 and 2016 2017

image text in transcribedCan someone please help
With explanation in how you got the investing part
Patel Winery, Inc. Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 Cash and cash equivalents$26,400 $15,900$10500 Accounts receivable Inventory Land Equipment, net 1.200 79,S00 91,200 (11.90 ) 1,000 23,60 $271.400 $233.800$32.600 Plant assets Total assets 03.90089.00 142 Current liabilities: Accounts payable $35,500 $30,600 4.900 Accrued liabilities 28,600 30,700 100) Long-term liabilities: Notes payable 78,000 101,000(23,000 Stockholders' Equity: Common stock 88,800 61,900 23,900 4.500-6600 ,0000 Total liabilities and stockholder equity $271.400 $2330 $60 Retained earnings Patel Winery, Inc. Income Statement Year Ended December 31, 2012 Revenues: Sales revenues Interest revenue Total revenues 444000 Cost of goods sold Salary expense Depreciation expense Other operating expenses Interest expense Income tax expense $202,200 78,400 14,400 10,200 21,900 Total expenses Net income Additionally, Patel Winery, Inc. purchased land of S23600 by financing 100% with long-term notes payable during 2017. During the year, there were no sales of land or equipment, no additional issuances of notes payable, no retirement of stock, and no treasury stock transactions. 1. Prepare the 2017 statement of cash flows, using the indirect method. 2. Your thoughts on the health of this company

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