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Comparative Balance Sheet Create a statement of cash flow from what's provided For year ended December 31, 2019 Dec. 31, 2019 Dec.31, 2018 Assets Cash

Comparative Balance Sheet

Create a statement of cash flow from what's provided

For year ended December 31, 2019

Dec. 31, 2019 Dec.31, 2018

Assets Cash $ 56,353 $ 40,123

Accounts receivable 22,414 19,237

Prepaid expenses 5,730 12,706

Inventory 37,122 34,933

Equipment 66,575 50,331

Acc. Dep. Equip. (14,127) (10,114)

Total Assets $ 174,067 $ 147,216

Liabilities & Equity

Accounts Payable $ 5,739. $ 9,889

Bonds Payable 39,000 49,000

Common stock 73,000 50,000

Retained Earnings 56,328 38,327

Total Liab & Equity $ 174,067 $147,216

Additional Information: 1. Net income for the year ending December 31, 2018 was $ 18,898 which includes depreciation expense of $ 4,013 .

2. Dividends paid in cash were $ 897

3. Bonds with a face-value of $ 10,000 were redeemed at face value upon maturity of the bonds in cash.

4. Common Stock with a par value of $ 23,000 were issued at par value for cash.

Create a statement of cash flow from what's provided.

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