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can u answer all this question for me please Sunny Technologies Inc began operations on January 1, 2019. Its post-closing trial balance at December 31,

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Sunny Technologies Inc began operations on January 1, 2019. Its post-closing trial balance at December 31, 2019, and 2020 is shown below along with some other information Sunny Technologies Inc. Income Statement For Year Ended December 31, 2020 Revenues : Sales Cost of goods sold Gross Profit Expenses and other Other expenses $ 154,500 Depreciation expense 24,900 Total operating expenses Operating Profit (Loss) Loss on sales of plant assets Profit (Loss) $ 626,500 482,500 144,000 179,400 20.100 5 (55,500) Sunny Technologies Inc. Post-Closing Trial Balance December 31 Account 2020 2019 Cash $ 61,000 $ 76,970 Receivables 40,200 29,700 Merchandise Inventory 26,500 Property, plant and equipment 229,700 190,570 Accumulated depreciation 63,300 52,100 Accounts payable 47,160 Accrued liabilities 10,500 5,700 Notes payable 97,770 40,170 5826 Other information regarding Sunny and its activities during 2020 1. Assume all accounts have normal balances 2. Cash dividends were declared and paid during the year. 3. Plant assets were sold during the year. 4. Plant assets worth $98,500 were purchased during the year by paying cash of $31,300 and issuing a long-term note payable for the balance Required: Using the information provided, prepare a statement of cash flows (applying the indirect method) for the year ended December 31, 2020. (List any deduction in cash and cash outflows and loss os negative amounts.) SUNNY TECHNOLOGIES INC. Statement of Cash Flows For Year Ended December 31, 2020 Cash flows from operating activities Adiuments in rencilerin netrash inflaws from

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