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Finish the income statement(ignore written in values) and then Provide the Statement of Cash Flows. Both indirect and direct. 4) This table provides balance sheet

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Finish the income statement(ignore written in values) and then Provide the Statement of Cash Flows. Both indirect and direct.

4) This table provides balance sheet and income statement information for the Cosmo Molybdenum Corporation ('000 omitted). Additionaly, o) Inventory purchases during the year totaled $400000. B) Equipment that had been 60% depreciated was sold for $12000. Land that had been purchase eight years ago at a cost of $17000 was sold for $9000. m) Simple interest accrued on the note payable at a cost of 480 bps and was paid at the end of the year. 6) Dividends declared and paid during the year were $10000 e) on Dec 31 the company retired a Note Payable by issuing common stock. A building was acquired for $45000 cash at the end of the year Y) Depreciation was allocated 80% to to coGs and 20% to SGA. Balance Sheet ('000 omitted) 2018 2017 Cash 32,320 10,000 Accounts Receivable (AR) 16,700 18,000 (AFDA) (1,200) (700) Inventory 19,000 9.000 Building & Equipment 305,000 280,000 Accumulated Depreciation (A/D) (40,000) (40,000) 18,000 Land 35,000 Total Assets 349,820 331,300 10,000 15,000 Accounts Payable (AP) 159,000 160,000 Notes Payable (Noncurrent) 6,000 5,000 Common Stock 174,820 151,300 Retained Earnings 349,820 331,300 Total Land S/H Equity fy 2018 Income Statement (000 omitted) 650,000 Revenues COGS 44,000 Gross Profit 167,400 SGA. 800 Bad Debt Expense 30, SOO Operating income Gain (Loss) on Sale of PPE Interest Expense Pretax N Tax Expense Net Income 4) This table provides balance sheet and income statement information for the Cosmo Molybdenum Corporation ('000 omitted). Additionaly, o) Inventory purchases during the year totaled $400000. B) Equipment that had been 60% depreciated was sold for $12000. Land that had been purchase eight years ago at a cost of $17000 was sold for $9000. m) Simple interest accrued on the note payable at a cost of 480 bps and was paid at the end of the year. 6) Dividends declared and paid during the year were $10000 e) on Dec 31 the company retired a Note Payable by issuing common stock. A building was acquired for $45000 cash at the end of the year Y) Depreciation was allocated 80% to to coGs and 20% to SGA. Balance Sheet ('000 omitted) 2018 2017 Cash 32,320 10,000 Accounts Receivable (AR) 16,700 18,000 (AFDA) (1,200) (700) Inventory 19,000 9.000 Building & Equipment 305,000 280,000 Accumulated Depreciation (A/D) (40,000) (40,000) 18,000 Land 35,000 Total Assets 349,820 331,300 10,000 15,000 Accounts Payable (AP) 159,000 160,000 Notes Payable (Noncurrent) 6,000 5,000 Common Stock 174,820 151,300 Retained Earnings 349,820 331,300 Total Land S/H Equity fy 2018 Income Statement (000 omitted) 650,000 Revenues COGS 44,000 Gross Profit 167,400 SGA. 800 Bad Debt Expense 30, SOO Operating income Gain (Loss) on Sale of PPE Interest Expense Pretax N Tax Expense Net Income

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