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Completion Hatu investments O 36.000 Machines 114.000 104.000 Accumulated depreciation Machines (28.000) (20.000) Total Assets $324.000 $252.000 Liabilities & Stockholders' Equity Note payable $74.000 $54,000
Completion Hatu investments O 36.000 Machines 114.000 104.000 Accumulated depreciation Machines (28.000) (20.000) Total Assets $324.000 $252.000 Liabilities & Stockholders' Equity Note payable $74.000 $54,000 Bonds payable (long-term) 74,000 94,000 Common Stock 80,000 44,000 Retained Earnings Total Liabilities & Stockholders' 96.000 $324.000 60.000 $252.000 Equity Income Statement & Additional information: 1. Net income for the current year ending December 31, 2020 is $58,000. 2. Sold investments for cash, cost $36,000 and resulting in $6,000 gain. 3. The only changes affecting retained earnings are net income and cash dividends paid 4. All the following transactions are in cash: Purchased new machines; repay bonds payable; and issuance common stock Required: Prepare the full statement of cash flows using indirect method for the year ended December 31, 2020. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). (PLEASE PROVIDE EACH AMOUNT/ITEM IN A SEPARATE LINE) 42 A 25 411 14 75 DELL (7 Grades) The following comparative balance sheets 2019 & 2020 and additional information for "National Company are given Assets Dec. 31. 2020 Cash Dec. 31. 2010 $156.000 $26.000 Accounts Receivable 52,000 48.000 Inventory and supplies 30.000 58,000 Investments 36.000 Machines 114,000 104,000 Accumulated depreciation-Machines (28.000) (20.000) Total Assets $324.000 $252.000 Liabilities & Stockholders' Equity Note payable $ 74,000 Bonds payable (long-term) 74,000 $ 54,000 94.000 Common Stock 80,000 Retained Earnings 96.000 44,000 60.000 Total Liabilities & Stockholders' $324,000 $252.000 Equity Income Statement & Additional information: 16 44 5 DELL
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