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FILL IN BLANKS PLEASE!! begin{tabular}{|lrr|} hline multicolumn{2}{c}{WATERWAYINC.ComparativeBalanceSheetsDecember31} hline Assets & 2022 & 2021 hline Cash & $109,700 & $47,900 hline Accounts receivable
FILL IN BLANKS PLEASE!!
\begin{tabular}{|lrr|} \hline \multicolumn{2}{c}{WATERWAYINC.ComparativeBalanceSheetsDecember31} \\ \hline Assets & 2022 & 2021 \\ \hline Cash & $109,700 & $47,900 \\ \hline Accounts receivable & 92,200 & 32,700 \\ Inventory & 113,000 & 101,200 \\ Prepaid expenses & 29,900 & 25,900 \\ Long-term investments & 139,800 & 113,500 \\ Plant assets & 275,400 & 242,200 \\ Accumulated depreciation & (47,200) & (53,000) \\ \hline Total & $712,800 & $510,400 \\ \hline \end{tabular} Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings Total $111,800$67,300 16,10017,100 118,700 149,600 219,400174,500 $712,800246,800 101,900 $510,400 WATERWAY INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $392,800 Less: Cost of goods sold $134.900 perating expenses, excluding depreciation 12,400 Depreciation expense 31,100 Income tax expense 26,900 Interest expense 4,100 Loss on disposal of plant assets 7,500$175,900216,900 Net income Additionat information: 1. New plant assets costing $80,500 were purchased for cash during the year. 2. Old plant assets having an original cost of $47,300 and accumulated depreciation of $36,900 were sold for $2,900cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $31,000 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign eg. 15,000 or in parenthesis e.8. (15,000).) Increase in Accounts Payable Decrease in Accrued Expenses Payable : Net Cash Provided by Operatine Activities Casb Fiows from livivesting Acthities Salo of Pant Assets I Purchare of fivetimonts Purchare of PlantAsonts. Net Cash Uged by livesting Actuitier Payment of Cash Dividends Redemption of Bonds Issuance of Common Stock 44900 Net increase in Cash Cash at Beninking of Period Costrat Endot Reriod 3 Step by Step Solution
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