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Dauber Corporation's comparative balance sheet and income statement for last year appear below: Comparative Balance Sheet Ending Balance Beginning Balance Cash and cash equivalents $

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Dauber Corporation's comparative balance sheet and income statement for last year appear below: Comparative Balance Sheet Ending Balance Beginning Balance Cash and cash equivalents $ 64,000 $ 39,000 Accounts receivable 57,000 44,000 Inventory 58,000 70,000 Prepaid expenses 18,000 10,000 Long-term investments 290,000 230,000 Property, plant, and equipment 520,000 520,000 Less accumulated depreciation 390,000 358,000 Total assets $ 617,000 S 555,000 Accounts payable 14,000 $ 38,000 Accrued liabilities 35,000 17,000 Income taxes payable 69,000 40,000 Bonds payable 160,000 180,000 Common stock 140,000 110,000 Retained earnings 199,000 170,000 100% Give Accessibility Mode Find Elin 140,000 199,000 Common stock Retained earnings Total liabilities and stockholders' equity 170,000 $ 617,000 S 555,000 $ Income Statement Sales Cost of goods sold Gross margin Selling and administrative expense Net operating income Income taxes Net income 580,000 250,000 330,000 210,000 120,000 36,000 84,000 S The company declared and paid a cash dividend of $55,000 during the year. It did not sell any long-term investments, issue any bonds payable, or repurchase any of its own common stock. Required: 1. CONSTRUCT IN GOOD FORM THE COMPANY'S STATEMENT OF CASH FLOWS FOR THE YEAR. 100N Give Feedback

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