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Cash Flow Assignment Instuctions: Complete the statement of cash fiows for 2017 using the indirect method Here is a comparative balance sheet for Joe Compan
Cash Flow Assignment Instuctions: Complete the statement of cash fiows for 2017 using the indirect method Here is a comparative balance sheet for Joe Compan JOE COMPANY Comparative Balance Sheet 31-Dec Assets Cash Accounts receivable 2017 2016 68,000.00 22,000.00 189,000.00 100,000.00 200,000.00 32,000.00 260,000.00 66,000.00 597,000.00 Equipment Accumulated De ciation Liabilities and Stockholders' equit Accounts pavable Bonds payable Common stock (S1 par Retained earnings Total 47,000.00 192,000.00 597.000.00 174,000.00 134,000.00 $555,000.00 Additional information: 1 Net income for 2017 was $93,000 2. Cash dividends of 35,000 were declared and paid 3. Bonds payable amounting to $50,000 were redeemed for cash $50,000. 4. Common stock was issued for $42,000 cash 5. No equipment was sold dur 2017
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