Credit $ 64,000 10,000 144,000 28,000 Pr. 23-130-A complex statement of cash flows (indirect method). The net changes in the balance sheet accounts of Eusey, Inc. for the year 2013 are shown below: Account Debit Cash $ 95,600 Accounts receivable Allowance for doubtful accounts Inventory 197,200 Prepaid expenses 20,000 Long-term investments Land 400,000 Buildings 650,000 Machinery 100,000 Office equipment Accumulated depreciation: Buildings Machinery Equipment 12,000 Accounts payable 183,200 Accrued liabilities Dividends payable Premium on bonds Bonds payable Preferred stock ($50 par) 60,000 Common stock ($10 par) Additional paid-in capital-common Retained earnings 87,200 $1,805,200 24,000 20,000 72,000 128,000 36,000 900,000 156,000 223,200 $1,805,200 Additional information: 1. Income Statement Data for Year Ended December 31, 2013 Income before extraordinary item $272,000 Extraordinary loss: Condemnation of land 132,000 Net income $140,000 2. Cash dividends of $128,000 were declared December 15, 2013, payable January 15, 2014. A 5% stock dividend was issued March 31, 2013, when the market value was $22.00 per share. 3. The long-term investments were sold for $140,000. 4. A building and land which cost $480,000 and had a book value of $350,000 were sold for $400,000. The cost of the land, included in the cost and book value above, was $20,000. 5. The following entry was made to record an exchange of an old machine for a new one: Machinery 160,000 Accumulated Depreciation-Machinery.... 40,000 Machinery 60,000 Cash 140,000 6. A fully depreciated copier machine which cost $28,000 was written off. 7. Preferred stock of $60,000 par value was redeemed for $80,000. 8. The company sold 12,000 shares of its common stock ($10 par) on June 15, 2013 for $25 a share. There were 87,600 shares outstanding on December 31, 2013. 9. Bonds were sold at 104 on December 31, 2013. 10. Land that was condemned had a book value of $240,000. Create a Statement of Cash Flows, showing work/formulas if applicable. Credit $ 64,000 10,000 144,000 28,000 Pr. 23-130-A complex statement of cash flows (indirect method). The net changes in the balance sheet accounts of Eusey, Inc. for the year 2013 are shown below: Account Debit Cash $ 95,600 Accounts receivable Allowance for doubtful accounts Inventory 197,200 Prepaid expenses 20,000 Long-term investments Land 400,000 Buildings 650,000 Machinery 100,000 Office equipment Accumulated depreciation: Buildings Machinery Equipment 12,000 Accounts payable 183,200 Accrued liabilities Dividends payable Premium on bonds Bonds payable Preferred stock ($50 par) 60,000 Common stock ($10 par) Additional paid-in capital-common Retained earnings 87,200 $1,805,200 24,000 20,000 72,000 128,000 36,000 900,000 156,000 223,200 $1,805,200 Additional information: 1. Income Statement Data for Year Ended December 31, 2013 Income before extraordinary item $272,000 Extraordinary loss: Condemnation of land 132,000 Net income $140,000 2. Cash dividends of $128,000 were declared December 15, 2013, payable January 15, 2014. A 5% stock dividend was issued March 31, 2013, when the market value was $22.00 per share. 3. The long-term investments were sold for $140,000. 4. A building and land which cost $480,000 and had a book value of $350,000 were sold for $400,000. The cost of the land, included in the cost and book value above, was $20,000. 5. The following entry was made to record an exchange of an old machine for a new one: Machinery 160,000 Accumulated Depreciation-Machinery.... 40,000 Machinery 60,000 Cash 140,000 6. A fully depreciated copier machine which cost $28,000 was written off. 7. Preferred stock of $60,000 par value was redeemed for $80,000. 8. The company sold 12,000 shares of its common stock ($10 par) on June 15, 2013 for $25 a share. There were 87,600 shares outstanding on December 31, 2013. 9. Bonds were sold at 104 on December 31, 2013. 10. Land that was condemned had a book value of $240,000. Create a Statement of Cash Flows, showing work/formulas if applicable