Els Submit Check my work Golden Manufacturing Company started operations by acquiring $150,000 cash from the issue of common stock. On January 1 Year 1 the company purchased equipment that cost $120.000 cash, had an expected useful life of six years, and had an estimated salvage value of $4,000. Golden Manufacturing earned $72,000 and $83.000 of cash revenue during Year 1 and Year 2, respectively. Golden Manufacturing uses double-declining-balance depreciation, Required Record the above transactions in a horizontal statements model, b-1. Prepare income statements for Year 1 and Year 2 b-2. Prepare balance sheets for Year 1 and Year 2 b-3. Prepare statements of cash flows for Year 1 and Year 2 Complete this question by entering your answers in the tabs below. Reg Reg Blind Strmt Req 2 Bal Sheet Reg 83 Semt Cash Record the above transactions in a hormonal statements model in the Cash Flow column. Indicate whether the items an operating activity (DA), an investing activity activity (VA), or het change in cash (NC). If the element is not affected by the event, leave the on blank. Enter any decreases to account balances and cash outflows with not round intermediate calculational Round the final answers to nearest dollar amount. Not all cells will require entry) GOLDEN MANUFACTURING COMPANY Horizontal Statement Model Balance Sheet Assets Equity BV Com Retained Revenue + Equipment Stock Earnings Income Statement Statement of Cash Flow Event Cash Expe Net Income Prev 1 of 2 Score answer > MacBook Air 11 Complete the question by entering your answers in the tabs below. Check my work Reg A RG 1 Inc Strmt Reg 2 Bal Sheet Req3 St CA Record the above transactions in a herrontal statement model in the Cash Flow colum, indicate whether the item is an opening activity (OA), an investing activity activity (FA), or net change in cash (NC). If the element is not affected by the event, leave the cell blank Enter any decreases to account balances and cash outflows with not round Intermediate calculations. Round the final answers to nearest dollar amount. Not all will require entry) GOLDEN MANUFACTURING COMPANY Horizontal Samanta Model Balance Sheet Equity V Common Retained Revenue Equipment Block Earning Income statement A Event Statement of Cow Fews Cash Expense Net Income Year 1 Neck Purchase equipment Reven Depreciations Balance Year 2 Beg bar Revenge Depreciation expense End, but Regina Sim Prov 1 of 2 Score answer > MacBook Air ww 30 888 P7 $ % & 7 OM 8 9 b-3. Prepare staterents of cash flows for Year 1 and Year 2 Complete this question by entering your answers in the tabs below. Reg A Req B1 Inc Strnt Reg B2 Bal Sheet RA 53 Stmt Cash Prepare Income statements for Year I and Year 2. (Oo not round Intermediate calculations, Round the final answers to nearest dollar amount.) GOLDEN MANUFACTURING COMPANY Income Statements For the Year Ended December 31 Yeart Year 2 Prev 1 of 2 Score answer > MacBook Air Can ** 11 Help 1 Checkwu b-2. Prepare balance sheets for Year 1 and Year 2 b-3. Prepare statements of cash flows for Year 1 and Year 2 1.5 pola Complete this question by entering your answers in the tabs below. book Reg 51 Inc Reg Reg 2 Bal R3 Stmt Strut Sheet Cash Prepare balance sheets for Year 1 and Year 2. (Do not round intermitate calculations. Round the final answers to nearest dollar amount Print Reference GOLDEN MANUFACTURING COMPANY Balance sheets As of December 31 Yeart Year 2 Assets Total Assets Stockholders equity Total stockholders equity MC Graw Hill Prey 1 of 2 !! Score answer > MacBook Air Check my work 1 -2. Prepare balance sheets for Year 1 and Year 2 b-3. Prepare statements of cash flows for Year 1 and Year 2 1.5 points Complete this question by entering your answers in the tabs below. och Reg A R 11 Inc Stmt Reg B2 Bal Sheet Req3 Stmt Cash Prepare statements of cash flows for Year 1 and Year 2. (Cash outflows should be indicated with a minus sign. Do not round Intermediate calculations. Round the final answers to nearest dollar amount) Herrence GOLDEN MANUFACTURING COMPANY Statement of Cash Flowe For the Year Ended December 31 Year 1 Cash flow from operating activities Year 2 Cash flows from investing activities Cash flows from fnancing activities Net change inh Ending cash balance MC |Gree HERE MacBook Air 7 * 80 888 &