Each of the following items must be considered in preparing a statement of cash flows for Ayayai Inc. for the year ended December 31, 2017. State where each item is to be shown in the statement, if at all.

Each of the following items must be considered in preparing a statement of cash flows for Ayayai Inc. for the year ended December 31, 2017. State where each item is to be shown in the statement, if at all Plant assets that had cost $17,500 6.5 years before and were being depreciated on a straight-line basis over 10 years with no estimated scrap value were sold for $4,000. Ayayai Inc. Statement of Cash Flows Net Income xxXX Adjustments to reconcile net incomme o During the year, 9,600 shares of common stock with a stated value of $20 a share were issued for $43 a share. Ayayai Inc. Statement of Cash Flows Uncollectible accounts receivable in the amount of $21,100 were written off against Allowance for Doubtful Accounts. Ayayai Inc. of Cash Flows Statement The company sustained a net loss for the year of $48,000. Depreciation amounted to $21,000, and a gain of $8,600 was realized on the sale of available-for-sale securities for $36,500 cash. (Show amounts that decrease cash flow with either a sign e.g. -15,000 or in parenthesis e.g. (15,000)) Ayayai Inc. Statement of Cash Flows Adjustments to reconcile net income to Click if you would like to Show Work for this question: Open Show Work