can you please solve the remaining question mentioned above?

here are the updated pictures.

FRequirement 2. Comment on the results indicated by the cash flow statement The parment of dividends is in view of the compary's position. It was made by paying out neaily as much as the company recoived in cashi flow from and this was made postible by The company its totat assets mently due to the The cash and cash equivalents duinit the year, leaving 5 in cash at year end The financial stalements for August Corp. for the year ended December 31, 2020, are as follows: (Click the icon to viow the comparative balance sheet.) (Click the icon to view the income statement.) (Click the icen to view the additional data.) Required 1. Prepare a cash llow statemonf for August Corp for the year ended December 31, 2020, using the indioet method The irvestment in the money makket fund is a cash equivalen 2. Did the company impruve its cash position in 2020 Give your teasons Comparative balance sheet Comparative balance sheet Additional information: a. The administrative expenses included: Amortization expense on equipment, $106,000. Writedown of goodwill, $12,000. b. Sold equipment for its book value. The equipment cost $509,000 and had been amortized for $74,000. c. Purchased additional equipment in December for $584,000. d. Issued preferred shares for an investment purchase of $185,000. e. Declared and paid cash dividends: preferred, $236,000; common, $357,500. f. Sold 20,000 preferred shares for $5.00 per share. g. Paid $106,500 (of which $41,500 was interest) on the loans. Income statement The financial statements for August Corp. for the year ended December 31, 2020, are as follows (Click the icon to view the comparative balance sheet.) (Click the icon to view the income statement.) (Click the icon to view the additional data.) Required 1. Prepare a cash flow statement for August Com. tor the year ended Decenber 31, 2020, using the sidweot method The investrment in the noney market fursd is a cash equivalent 2. Did the company improve its cash position in 2020 ? Glve your reasens Comparative balance sheet Comparative balance sheet Additional data Additional information: a. The administrative expenses included: Amortization expense on equipment, $106,000. Writedown of goodwill, $12,000. b. Sold equipment for its book value. The equipment cost $509,000 and had been amortized for $74,000. c. Purchased additional equipment in December for $584,000. d. Issued preferred shares for an investment purchase of $185,000. e. Declared and paid cash dividends: preferred, $236,000; common, $357,500. f. Sold 20,000 preferred shares for $5.00 per share. g. Paid $106,500 (of which $41,500 was interest) on the loans. Income statement Requirement 2. Comment on the results indicated by the cash flow statement The payment of dividends is in view of the company's position. It was made by paying out nearly as much as the company received in cash flow from and this wat made possible by The company its total assets mostly due to the The cash and cash equivalents during the year leaving 5 in cash at year end