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comparative balance sheet. please show calculations Increase in Prepaid Rent Increse in Accounts Receivable Decrease in income Taves Pyable. Net Cash Provided br Operating Activities
comparative balance sheet. please show calculations
Increase in Prepaid Rent Increse in Accounts Receivable Decrease in income Taves Pyable. Net Cash Provided br Operating Activities Cash Flows from Imestine Activities Sale of Equipment Purchare of Equipront Purchase of fruestments Net Cash Used by limesting Activities Cxhiflow from Financine Netivities Net Cash Used by Investing Activities Cah Flows from Financing Activities Principal Paymenton Short-term Loan Principal Paymenton Lons Term Loan Dividend Payments Net Cath Used by Financing Activities NetDecrease in Cash 1900 \\begin{tabular}{|r|} \\hline 900 \\\\ \\hline\\( \\$ 1 \\) \\\\ \\hline 6900 \\\\ \\hline \\end{tabular} Cash January 1, 2025 Cash December 31.2025 Additional information: 1. Dividends in the amount of \\( \\$ 5,900 \\) were declared and paid during 2025. 2. Depreciation expense and amortization expense are included in operating expenses. 3. Nounrealized gains or losses have occurred on the investments during the year. 4. Equipment that had a cost of \\( \\$ 20,000 \\) and was \70 depreciated was sold during 2025 . Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg-15,000 or in parenthesis es \\( (15,000) \\) ) Accounts payable \\( \\begin{array}{rr}\\$ 45,900 & \\$ 39,900 \\\\ 4,000 & 6,000\\end{array} \\) CULVER INC. STATEMENT OF CASH FLOWS For the Year Ended December 31, 2025 Cash Flows from Operating Activities Net Income. \\( \\$ \\) 24500 Adjustments to reconcile net income to Net Cash Provided by Opetating Activities Depreciation Expense \\$. 9900 Amprtization of Copricht Gainon Sale of Equipment 9400 Decrease in inventory 20300 Increase in 5 alaries and Wages Payable 4100 Increase in Accounts Paysble. 6000 Culver inc: Income Statement For the Year Ending December 31, 2025 Sales revenue \\( \\$ 337,125 \\) Cost of goods sold \\( \\begin{array}{r}176,500 \\\\ \\hline 160,625\\end{array} \\) Grossprofit 120,600 Step by Step Solution
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