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FOR PART B, PLEASE POST THE NAME AND AMOUNT OF ALL 25 ACCOUNTS! Thank you! Problem 23-06 Comparative balance sheet accounts of Nash Inc. are

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FOR PART B, PLEASE POST THE NAME AND AMOUNT OF ALL 25 ACCOUNTS! Thank you!

Problem 23-06 Comparative balance sheet accounts of Nash Inc. are presented below. NASH INC. COMPARATIVE BALANCE SHEET ACCOUNTS AS OF DECEMBER 31, 2020 AND 2019 December 31 Debit Accounts 2020 2019 Cash $42.300 $34,000 Accounts Receivable 70,600 59,600 Inventory 30,000 23,900 Equity investments 22,500 38,700 Machinery 29,700 18,600 Buildings 67.900 56,600 7,500 7,500 $270,500 $239,900 Land $1.500 2300 Credit Accounts Allowance for Doubtful Accounts Accumulated Depreciation-Machinery Accumulated Depreciation-Buildings Accounts Payable Accrued Payables Long-Term Notes Pavable Common Stock, no-par Retained Earnings $2,200 5.700 13,600 34,800 3,300 21.200 150,000 39,700 $270,500 8,900 24,500 2,700 31.200 125,000 42 800 $239,900 Additional data (ignoring taxes): 1. Net income for the year was $43,100 2. Cash dividends declared and paid during the year were $21,200 3. A 20% stock dividend was declared during the year. $25.000 of retained earnings was capitalized, Equity investments (level of ownership is less than 20%) that cost $25,000 were sold during the year for $28,700. No unrealized gains and losses were recorded on these investments in 2020 5. Machinery that cost $3,700, on which $750 of depreciation had accumulated, was sold for $2.150. Nash's 2020 income statement follows (ignoring taxes). Sales revenue Less: Cost of goods sold Gross margin Less: Operating expenses (includes $8,850 depreciation and $5,733 bad debts) Income from operations Other: Gain on sale of investments Loss on sale of machinery Net Income $544,200 383,000 161,200 121,000 40,200 $3,700 (800) 2,900 $43,100 (a) Compute net cash flow from operating activities using the direct method. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Net cash flow from operating activities (b) Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. - 15,000 or in parenthesis e.g. (15,000).) NASH INC Statement of Cash Flows (Indirect Method) Adjustments to reconcile net income to Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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