Company Baldwin invested $48,040,000 in plant and equipment last year. The plant investment was funded with bonds at a face value of $32,348,499 at 13.8% interest, and equity of $15,691,501. Depreciation is 15 years straight line. For this transaction alone which of the following statements are true?

Select: 5

A)	Cash went down by $48,040,000 when the plant was purchased.
B)	On the Balance sheet, Long Term Debt changed by $32,348,499.
C)	Buying the plant had no net effect on the Cash account, because the plant was paid for by the bond plus retained earnings.
D)	Since the new plant was funded with debt and equity, on the Balance sheet Retained Earnings decreased by $15,691,501, the difference between the investment $48,040,000 and the bond $32,348,499.
E)	Cash was pulled from retained earnings to cover the $15,691,501 difference between the plant purchase and bond issue.
F)	On the Balance sheet, Plant & Equipment increased by $48,040,000.
G)	Depreciation increased by $3,202,667.
H)	Cash went up when the Bond was issued by $32,348,499.

Annual Report 59559 Dec. 31, 2019 Balance Sheet DEFINITIONS: Common Size: The common ASSETS size column simply represents each item as a percentage of total assets for that year. Cash Your end-of-year cash position. Accounts Receivable: Reflects the lag between delivery Accounts Receivable and payment of your products. Inventories: The Inventory current value of your inventory across all products. A zero indicates your company stocked out. Unmet demand would, of course S38,371 Total Current Assets $67,001 5225,600 The current value of your plant. Accum Deprec: Accumulated Depreciation The total accumulated depreciation from your plant. Accts Payable: What the company currently owes suppliers for materials and services. Curent Debt: The debt the company Total Assets s obligated to pay during the next year of operations. It includes emergency loans used to LIABILITIES & OWNERS keep your company solvent should you run out EQUITY Total Fixed Assets $167,057 f cash during the year. Long Term Debt: The company's long term debt is in the form of Accounts Payable and this represents the total value of urrent Debt Long Term Debt our bonds. Common Stock: The amount of $89,295 apital invested by shareholders in the company Retained Earnings: The profits that the company chose to keep instead of paying to shareholders as dividends S68,246 $101,859 $27,630 Total Liabilities ommon Stock Retained Earnings $73,074 Total Liab. &O. Equity $167,057 Cash Flow Statement Cash Flows from Operating Activities: 2018 ($2,753) $7,572 $15,040 $11,837 S0 S267$1,127 ($6,413) $9,527 $1,080 (S2,492) The Cash Flow Statement examines what happened in the Cash ccount during the year. Cash injections appear as positive numbers and Net Income (Loss) cash withdrawals as negative numbers. The Cash Flow Statement is anDepreciation S0 lows exceed positives, you are forced to seek emergency funding. For Accounts Payable example, if sales are bad and you find yourself carrying an abundance of Inventory excess inventory, the report would show the increase in inventory as a huge negative cash flow. Too much unexpected inventory could outstrip your inflows, exhaust your starting cash and force you to beg for money Net cash from operations o keep your company afloat Accounts Receivable $7,220 $27.572 Cash Flows from Investing Activities: Plant Improvements Cash Flows from Financing Activities: Dividends Paid Sales of Common Stock Purchase of Common Stock Cash from long term debt Retirement of long term debt (548,040) ($34,660) Cash Flow Summary S0 $10,630$2,946 50 50 532,348 $14,408 50 18,209 (54,036) Change in current debt (net) Net cash from financing activities Net change in cash position $49,887 $13,318 $9,068 $6,229 $47,439 $38,371 Finance Chg. Cash Operations Investment Finance nnual Report