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Complete a statement of cash flow Thanks!!! Company - Word ces Mailings View Review Search Help 211 AO E l AaBbct ct 1 Normal 1
Complete a statement of cash flow
Company - Word ces Mailings View Review Search Help 211 AO E l AaBbct ct 1 Normal 1 No Spac... Heading 1 Heading 2 Title Paragraph 6 Styles Anderson Company Balance Sheets At December 31 2020 2019 Assets: Cash. ... Accounts Receivable. Merchandise Inventory.. Long-term Investments ........ Machinery ..... . Accumulated Depreciation ............. Total Assets........... $ 29,568 $ 27,648 38,616 35,280 87,750 74,000 67,080 67,680 210,600 174,600 (40,260) (37.440) $393,354 $341,768 $ 78,000 12,870 58,500 $149,370 $ 48,404 12,240 79,200 $139,844 Liabilities: Accounts Payable............. Income Taxes Payable ...... Bonds Payable... Total Liabilities........ Equity: Common Stock .. Paid-in Capital in Excess of Par... Retained Earnings ............. Total Equity ............ Total Liabilities and Equity ........ 140,400 15,600 87,984 $243,984 $393,354 115,200 10,800 75,924 $201.924 $341,768 Anderson Company H = 55 2 | 1 Normal 1 No Spac... Heading 1 Heading 2 Title Paragraph . . 6 . raul LapiLCI LALCOS viral Retained Earnings ............... Total Equity .......... Total Liabilities and Equity ........ Styles . 5 1J, UU10, Uvu 87,984 75,924 $243,984 $201.924 $393,354 $341,768 Anderson Company Income Statement For Year Ended December 31, 2020 Sales ............ $288,000 Cost of Goods Sold. $97,080 Depreciation Expense. 35,280 Other Operating Expenses 57,600 Interest Expense.... 2,400 (192,360) Other Gains (Losses): Loss on Sale of Equipment (10,080) Income Before Taxes 85,560 Income Tax Expense..... 33,180 Net Income ....... $ 52,380 Additional information: Long-term investments were sold for $600 cash. Old machinery was sold for $2,520 cash. New machinery was purchased for $81,060 cash. Cash dividends of $40,320 were paid. Additional shares of stock were issued for $30,000 cash. Bonds were paid off for $20,700 cash. ob - 3 e 3o9W Thanks!!!
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