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Current Attempt in Progress Sunland Corporation's comparativ balance sheet is presented below. Assets Cash Accounts receivable Land SUNLAND CORPORATION Balance Sheet December 31 Building Accumulated
Current Attempt in Progress Sunland Corporation's comparativ balance sheet is presented below. Assets Cash Accounts receivable Land SUNLAND CORPORATION Balance Sheet December 31 Building Accumulated depreciation-building Total Liabilities and Shareholders' Equity Accounts payable Common shares 2024 $13,440 19,930 18,800 65,800 $11,630 2023 70,500 $10.060 22,000 24.440 (14,100) $103,870 $112,900 65,800 (9.400) $29,230 64,860 Current Attempt in Progress Sunland Corporation's comparativalbalance sheet is presented below. Liabilities and Shareholders' Equity Accounts payable. $11,630 $29,230 Common shares 70,500 64,860 Retained earnings Total Additional information: 1. Profit for the year was $21,270. Dividends declared and paid were $18,340. 2. No noncash investing and financing activities occurred during 2024. 3. The land was sold for cash of $4,610, resulting in a loss of $1,030 on the sale of the land. Prepare a cash flow statement for 2024 using the indirect method. Sunland Corporation reports under ASPE. (Show amounts that decrease cosh flow with either a - slgn es - 15,000, or in parenthesis es, (15,000)). SUNLAND CORPORATION Cash Flow Statement Adjustments to reconcile profit to eTextbook and Media Simfor bite Attempts: 0 of 2 used
Current Attempt in Progress Sunland Corporation's comparativ balance sheet is presented below. Assets Cash Accounts receivable Land SUNLAND CORPORATION Balance Sheet December 31 Building Accumulated depreciation-building Total Liabilities and Shareholders' Equity Accounts payable Common shares 2024 $13,440 19,930 18,800 65,800 $11,630 2023 70,500 $10.060 22,000 24.440 (14,100) $103,870 $112,900 65,800 (9.400) $29,230 64,860
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