Cash T Account AnalysisAssume the following information appeared on a 201x tax return:Assignment: use the above chart to estimate the sources and uses of cash as well as the total cash that can be compared to activities and balances in known accounts.Form Form Description Transation

Type Amount Source Use1040 Tax Return Wages 25,0001040 Tax Return Dividend Income 10,0001040 Tax Return Business Income 12,5001040 Tax Return Capital Gain 2,5001040 Tax Return Tax Witholding 1,0001040 Tax Return Tax Payments (201x) 3001040 Tax Return Amount You Owe 500Sch A Itemized Deductions State & Local Taxes 200Sch A Itemized Deductions Charitable Gifts 400Sch C Business Income Sales 42,500Sch C Business Income Contract Labor 24,000Sch C Business Income Depreciation 2,500Sch C Business Income Office 3,000Sch C Business Income Other500Sch C Business Income Net Profit (or Loss) 12,500Sch D Capital Gain Proceeds 11,000Sch D Capital Gain Cost 8,500Sch D Capital Gain Gain Or (Loss) 2,5004562 Depreciation Purchase of Assets 5,5004562 Depreciation Write-off 2,500Net Cash