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CV14.1 Statement of Cash Flows Use the Comparative Balance Sheet for Marigold, Inc. and additional information provided below to prepare the 2018 Statement of Cash

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CV14.1 Statement of Cash Flows Use the Comparative Balance Sheet for Marigold, Inc. and additional information provided below to prepare the 2018 Statement of Cash Flows Marigold, Inc Comparative Balance Sheet As of 12/31/2018 and 12/31/2017 2/31/2018 12/31/2017 Assets: $586,000 513,000. Cash A/R Inventony Supplies Building A/D-Building Furniture/Fixtures A/D-Furn/Fixtures 68,000 92,500 14,500 68,000 (64,000) 21,500 74,500 97,500 14,000 368,000 (85,500) 18,000 (12,500)(13.000) S 800,500 $1,060,000 Liabilities& Stockholders Equity s 56,000 62,500 24,000 60,000 200,000 454,000 S 800,500 A/P Salary Payable Notes Payable Common Stock $2 par Retained Earnings 26,500 260,000 300,000 417,500 $1,060,000 (1) Purchased new building for $200,000 by signing a 10-year note payable. (2) Sold furniture for $1,000. The furniture had an original cost of $3,500 and (3) Depreciation expense for 2018 was $21,500 on buildings and $2,500 on furniture 4) Sold 50,000 shares of common stock at par (5) Declared and paid $200,000 in dividends

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