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Financial statements for Vaughn Manufacturing are given below: Vaughn Manufacturing Balance Sheet January 1, 2021 Assets Equities Cash $ 956000 Accounts payable $ 455000
Financial statements for Vaughn Manufacturing are given below: Vaughn Manufacturing Balance Sheet January 1, 2021 Assets Equities Cash $ 956000 Accounts payable $ 455000 Accounts receivable 864000 Buildings and equipment 3680000 Accumulated depreciation- buildings and equipment (1130000) Common stock 2720000 Patents 435000 Retained earnings 1630000 $4805000 $4805000 Vaughn Manufacturing Statement of Cash Flows For the Year Ended December 31, 2021 Increase (Decrease) in Cash Cash four from nopeating activition
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