Chapter 13 Homework X WP NWP Assessment Player UI Ap X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=a825042c-9e82-4c66-a427-adc77aebabac#/question/9 P My courses , Dashboard Grammarly Paraphrasing Tool... Course Hero ( Problem 1-1A Fred... M Mail = Google Docs P MLA Formatting a. M eBooks - My Book.. Chapter 13 Homework Question 10 of 11 7.12/ 9.1 Condensed financial data of Bonita Inc. follow. BONITA INC. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $83,500 $50,200 Accounts receivable 87,400 36.600 Inventory 112,100 102,100 Prepaid expenses 29,500 27,600 Long-term investments 139,900 113,600 Plant assets 284,700 240,900 Accumulated depreciation (47,100) (49,200) Total $690,000 $521,800 Liabilities and Stockholders' Equity Accounts payable $109,400 $65,600 Accrued expenses payable 16,500 21,500 Bonds payable 110,800 149,200 Common stock 220,400 175,700 Retained earnings 232,900 109,800 Total $690,000 $521,800Chapter 13 Homework X WP NWP Assessment Player UI Ap X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=a825042c-9e82-4c66-a427-adc77aebabac#/question/9 P My courses , Dashboard G Grammarly Paraphrasing Tool. Course Hero ( Problem 1-1A Fred... M Mail = Google Docs P MLA Formatting a. M eBooks - My Book.. Chapter 13 Homework Question 10 of 11 7.12/ 9.1 Income Statement For the Year Ended December 31, 2022 Sales revenue $375,900 Less: Cost of goods sold $134,500 Operating expenses, excluding depreciation 13,000 Depreciation expense 47,500 Income tax expense 28,000 Interest expense 4,900 Loss on disposal of plant assets 5,300 233,200 Net income $142,700 Additional information: 1. New plant assets costing $100,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $56,200 and accumulated depreciation of $49,600 were sold for $1,300 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $19,600 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or inChapter 13 Homework X WP NWP Assessment Player UI Ap X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=a825042c-9e82-4c66-a427-adc77aebabac#/question/9 P My courses , Dashboard Grammarly Paraphrasing Tool. Course Hero ( Problem 1-1A Fred... M Mail = Google Docs P MLA Formatting a. M eBooks - My Book.. Chapter 13 Homework Question 10 of 11 7.12/ 9.1 Prepare a statement of cash flows 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).) BONITA INC. Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income 142700 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Decrease in Accrued Expenses Payable v -5000 Increase in Inventory 10000 Increase in Accounts Receivable -50800 Depreciation Expense 47500 Loss on Disposal of Plant Assets 5300 Increase in Prepaid Expenses -1900 Increase in Accounts Payable 43800 28900Chapter 13 Homework X WP NWP Assessment Player UI Ap X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=a825042c-9e82-4c66-a427-adc77aebabac#/question/9 P My courses , Dashboard Grammarly Paraphrasing Tool.. Course Hero ( Problem 1-1A Fred... M Mail = Google Docs P MLA Formatting a. M eBooks - My Book.. Chapter 13 Homework Question 10 of 11