Complete All Statements

137 Problem 2 From of Cash Flows for the year ended December 31, 2 the following information for Brayden's Bobbles, prepare a Statement Balance Balance Cash Accounts Receivable Inventory Prepaid Insurance Equipment Accumulated Depreciation 25,000 35,000 90,000 3,000 270,000 20,000 Security Deposits Accounts Payable Wages Payable Rent Payable Interest Payable Taxes Payable Note Payable Common Stock ($1 each) Retained Earnings Sales Cost of Goods Sold Wage Expense Rent Expense Office Expenses Depreciation Expense Advertising Expense Insurance Expense Interest Expense Income Tax Expense 90,000 68,000 70,000 500 340,000 80,000 120,000 12,000 45,000 6,000 7,500 6,000 16,000 120,000 300,000 120,000 1,200,000 575,000 260,000 24,000 70,000 60,000 15,000 9,000 13,000 52,000 10,000 35,000 10,000 6,000 7,000 5,000 140,000 160,000 50,000 was acquired on September 30, 2018 for cash. The additional common stock June 30, 2018 for $1 per share. The company did not sell any equipment during The equipment was sold on the ye balance for both years is after all closin ar. The land purchased during the year was purchased for cash. The retained earnings g entries have been made. The Note Payable ts of $20,000 principal plus interest at 10% on June 30" of each year. ad the pages 138-141 before the next class