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Following are the financial statement data from PT Sanjaya for 2019! PT Sanjaya Statement of Financial Position December 31, 2019 Assets 2019 2018 Cash 59,000,000

Following are the financial statement data from PT Sanjaya for 2019!

PT Sanjaya

Statement of Financial Position

December 31, 2019

Assets 2019 2018

Cash 59,000,000 42,000,000

76,000,000 receivable accounts 34,000,000 / 42,000

Inventory 64,000,000 10,000,000 / 54,000

Prepaid expenses 9,000,000 11,000,000 / -3,000

Land 45,000,000 70,000,000 / 25,000

Building 200,000,000 200,000,000 / 0

Accumulated depreciation-building (21,000,000) (11,000,000) / 10,000

Equipment 193,000,000 68,000,000 / 125,000

Accumulated depreciation-equipment (28,000,000) (10,000,000) / 18,000

TOTAL 597,000,000

414,000,000

Liabilities & Stockholder equity

Accounts payable 33,000,000 50,000,000 - 17,000

Accrued expense payable 28,000,000 18,000,000 / 100,000

Bonds payable 110,000,000 150,000,000-40000

Ordinary Share (par Rp1,000) 220,000,000 60,000,000/160

Retained earnings 206,000,000 136,000,000 / 70

TOTAL 597,000,000 414,000,000

17000

PT Sanjaya

Income statement

For the year ended, Dec 31 2019

Sales Revenue of 788,000,000

Cost of goods sold 391,000,000

Operating expense (inc. Depreciation exp.) 189,000,000

Interest expense of 12,000,000

Loss on sale of equipment 2,000,000

(594,000,000)

Income before income taxes 194,000,000

Income tax expense (69,000,000)

Net income of 125,000,000

Additional information :

1. Depreciation expense in 2019 is IDR 33,000,000.

2. Cash dividends of Rp. 55,000,000 are paid in cash.

3. Land is sold at Rp. 25,000,000.

4. Equipment that has a book value of Rp 166,000,000 is purchased in cash.

5. The company sells old equipment at a cost of IDR 41,000,000, book value of 36,000,000 at a price of IDR 34,000,000.

6. The company owned bonds amounting to Rp 10,000,000 were repurchased in cash, and the remainder was exchanged for ordinary shares. (We are for 10 million)

7. To increase the company's cash amount, the company issues an ordinary share.

Compile PT Sanjaya's statement of cash flow for 2019 using the indirect method!

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