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Financial statements for Coronado Industries are given below: Coronado Industries Balance Sheet January 1, 2021 Cash Assets Equities $ 957000 Accounts payable $ 459000
Financial statements for Coronado Industries are given below: Coronado Industries Balance Sheet January 1, 2021 Cash Assets Equities $ 957000 Accounts payable $ 459000 Accounts receivable Buildings and equipment Accumulated depreciation- buildings and equipment Patents 869000 3600000 (1210000) Common stock 2740000 435000 Retained earnings 1452000 $4651000 $4651000 Coronado Industries Statement of Cash Flows For the Year Ended December 31, 2021 Increase (Decrease) in Cash
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