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Complete this question by entering your answers in the tabs below. Req A Req B Req C Req D1 Req D2 Req D3 Req D4

Complete this question by entering your answers in the tabs below. Req A Req B Req C Req D1 Req D2 Req D3 Req D4 Prepare a statement of cash flows. (Amounts to be deducted should be indicated with minus sign.) Gargantuan Statement of Cash Flows For the Year ended December 31, 2018 Cash flows from operating activities Inflow from customers Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Net cash flow from financing activities Net change in cash Ending cash balance $ 36,000 36,000 $ 72,000 0 72,000 Prepare a statement of changes in stockholders' equity. Gargantuan Statement of Changes in Stockholders' Equity For the Year ended December 31, 2018 Beginning common stock Add: Stock issued 36,000 Ending common stock $ 36,000 Beginning retained earnings Add: Net income 21,940 Less: Dividends 4,600 Ending retained earnings Total stockholders' equity 17,340 $ 53,340 The following events occurred Gargantuan's first year of operations: 1. Acquired $36,000 cash from the issue of common stock on January 1, 2018. 2. Purchased $1,600 of supplies on account. 3. Paid $6,120 cash in advance for a one-year lease on office space. 4. Earned $44,350 of revenue on account. 5. Incurred $14,900 of other operating expenses on account. 6. Collected $32,000 cash from accounts receivable. 7. Paid $9,800 cash on accounts payable. 8. Paid a $4,600 cash dividend to the stockholders. Adjusting Entries information 9. There was $310 of supplies on hand at the end of the accounting period. 0. The lease on the office space covered a one-year period beginning November 1. 11. There was $5,200 of accrued salaries at the end of the period

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