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Compute the following items for the statement of cash flow a. Beginning and ending Plant Assets, Net, are 5125,000 and 5115,000, respectively Depreciation for the
Compute the following items for the statement of cash flow a. Beginning and ending Plant Assets, Net, are 5125,000 and 5115,000, respectively Depreciation for the period was $19,000, and purchases of new plant assets were $45,000. Plant assets were sold at a $10,000 gain. What were the cash proceeds of the salo? b. Beginning and ending Retained Earnings are $14,000 and $69,000, respectively. Net income for the period was $61,000, and stock dividends were $10,000. How much were cash dividends? Requirement a. Beginning and ending Plant Assets, Net, are $125,000 and $115,000, respectively. Depreciation for the period was 519,000, and purchases of new Blant assets were $45,000. Plant assets were sold at a $10,000 gain. What were the cash proceeds of the sale? Cash ptocoods from the sale is s Requirement b. Beginning and ending Retained Eatings are 544,000 and $69,000, respectively. Net Income for the period was 561,000, and stock dividends were $10,000 How much were cash dividendo? Cash dividends are 50
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