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*Exercise 12-8 (Part Level Submission) Monty Corp.'s comparative balance sheets are presented below. Monty Corp. Comparative Balance Sheets December 31 2019 $14,600 2018 10,600 Cash
*Exercise 12-8 (Part Level Submission) Monty Corp.'s comparative balance sheets are presented below. Monty Corp. Comparative Balance Sheets December 31 2019 $14,600 2018 10,600 Cash 21,600 23,400 Accounts receivable 20,400 26,000 Land 70,100 70,100 Buildings (15,000) (10,500) Accumulated depreciation -buildings $111,700 $119,600 Total $ 12,700 28,300 Accounts payable Common stock 75,200 71,200 23,800 20,100 Retained earnings $111,700 $119,600 Total Additional information: $22,500. Dividends dedlared and paid 2. No noncash investing and financing activities occurred during 2019. $4,500. 00. 3. The land was sold for cash *(a) sign e.g. -15,000, or in paren thesis e.g. (15,000).) Prepare a statement of cash flows for 2019 using the indirect method. (Show amounts that decrease cash flow with either a Monty Corp. Statement of Cash Flows Adjustments to reconcile net income to *(a) statement of cash flows for 2019 using the indirect method. (Show amounts that decrease cash flow with eithera - sign e.g. -15,000, or in parenthesis e.g. (15,000).) Prepare Monty Corp. Statement of Cash Flows Adjustments to reconcile net income to $
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