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Dey Sub: Time: Ivanhoe Corporation Statement of Freebetal Positions As at may 31 2022 2021 Current Assets Cash Accounts receivable Inventory Prepaid pent Total cament
Dey Sub: Time: Ivanhoe Corporation Statement of Freebetal Positions As at may 31 2022 2021 Current Assets Cash Accounts receivable Inventory Prepaid pent Total cament assets Property, plant, equipment less: Accumulated depreciation Net PPE Total asets Curnent liabilities Accounts payable Salaries & wages payable Interest payable 38,000 34,560 80,840 60,020 203,740 214,920 9,560 7,560 352,140 319,060 699,300 541,620 162,000 134, 760 537,300 409, 860 869, 440 26.920 13 2,840 65,880 26,620 124,200 77,760 24,380 226, 340 225, 340 81,000 108,000 306,340 334,340 Total carneat liabilities mortgage payable Total liabilities Shareholder's equity Common shares Retained earnings Total shareholden's equity 417,760 145, 340 563, 100 869, 440 302,400 90, 180 392,580 726,920 Total Habilities & shareholden's equily Sub Ivanhoe Corporation Statement of Income for the Year Ended May 31, 2022 sales 1,620,000 885,600 734,400 Cost of goods sold Crocess margin Expenses salaries & wages expense Interest expense 66,960 222,480 48,600 Other operating expenses 34,560 Depreciation expense 20,240 Total operating expenses 835, 860 Income thom Openations $98, 520 Income tax expense Net neome 151,560 Additional info about transceltons during the year ended may 31, 2022. 2) Equipment casting $157,680 was purchased by paying cash 2) The other operation expenses relate to prepaid rent >) in order to supplement its cash, Ivanhoe issued 17,000 additional common shanes. 4) Cash divisands of $276400 were declared and paid at the end of the fiscal year Question prepare a statement of cash flows for 2022 using the indireet melhed
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