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Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Total Accounts payable Common stock Cheyenne Corp. Comparative Balance Sheets December 31 Retained earnings Total Additional information: 12
Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Total Accounts payable Common stock Cheyenne Corp. Comparative Balance Sheets December 31 Retained earnings Total Additional information: 12 of 12 (a) Ch 12: Homework 2022 $ 15,100 Adjustments to reconcile net income to 21,500 LA 20,500 70,100 (15,000) $112,200 $ 12,500 75,800 23,900 2021 $10,300 23,800 26,400 70,100 (10,300) $120,300 1. Net income was $22,200. Dividends declared and paid were $17,100. $31,400 70,100 18,800 $112,200 $120,300 Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000, or in parenthesis e.g. (15,000).) Cheyenne Corp. Statement of Cash Flows - Indirect Method - /1 LA
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