Question
Construct the statement of stockholders' equity for the year ending December 31, 2021, and the 2021 statement of cash flows. Hint: The difference in accumulated
Construct the statement of stockholders' equity for the year ending December 31, 2021, and the 2021 statement of cash flows. Hint: The difference in accumulated depreciation from one year to the next is the annual depreciation expense for the year. Laiho Industries: Statement of Stockholders' Equity, December 31, 2021 (thousands of dollars) Common Stock Retained Earnings Total Stockholders' Equity Balances, December 31, 2020 $ fill in the blank 13 $ fill in the blank 14 $ fill in the blank 15 Common stock issue fill in the blank 16 fill in the blank 17 2021 Net income fill in the blank 18 Cash dividends fill in the blank 19 Addition to retained earnings fill in the blank 20 Balances, December 31, 2021 $ fill in the blank 21 $ fill in the blank 22 $ fill in the blank 23 Laiho Industries: Statement of Cash Flows for 2021 (thousands of dollars) 2021 Operating Activities Net income $ fill in the blank 24 Depreciation and amortization fill in the blank 25 Increase in accounts payable fill in the blank 26 Increase in accruals fill in the blank 27 Increase in accounts receivable fill in the blank 28 Increase in inventories fill in the blank 29 Net cash provided by operating activities $ fill in the blank 30 Investing Activities Additions to property, plant, and equipment $ fill in the blank 31 Net cash used in investing activities $ fill in the blank 32 Financing Activities Increase in notes payable $ fill in the blank 33 Increase in long-term debt fill in the blank 34 Increase in common stock fill in the blank 35 Payment of common dividends fill in the blank 36 Net cash provided by financing activities $ fill in the blank 37 Summary Net increase/decrease in cash $ fill in the blank 38 Cash at the beginning of the year fill in the blank 39 Cash at the end of the year $ fill in the blank 40
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