For Raiding Broncos, Inc. ("RBI"), prepare a statement of cash flows for the year ended December 31, 2013.

RBI Balance Sheet as of December 31, 2013	12/31/12	12/31/13
ASSETS Current Assets Cash	500,000	1,500,000
Accounts Receivable ("A/R")	300,000	400,000
Inventory	100,000	25,000
Prepaid Expenses	50,000	25,000
Short Term Investments	100,000	75,000
Total Current Assets	1,050,000	2,025,000
Non-CurrentAssets Land	100,000	75,000
Equipment	400,000	500,000
Accumulated Depreciation- Equipment	(100,000)	(150,000)
Goodwill	500,000	400,000
Total Non-Current Assets	900,000	825,000
TOTAL ASSETS	1,950,000	2,850,000
LIABILITIES Current Liabilities: Accounts Payable	250,000	100,000
Accured Liabilities	250,000	400,000
Unearned Revenues	175,000	100,000
Total Current Liabilities	675,000	600,000
Non-CurrentLiabilities Bonds Payable	-	500,000
Discount on Bonds Payable	-	(25,000)
Total Non-Current Liabilities	-	475,000
TOTAL LIABILITIES	675,000	1,075,000
Stockholder's Equity Common Stock - Par	1	1
APIC- Common Stock	199,999	499,999
Retained Earnings	1,075,000	1,275,000
TOTAL SHAREHOLDER'S EQUITY	1,275,000	1,775,000
TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY	1,950,000	2,850,000
ADDITIONAL INFORMATION

1 RBI had a net income of $400,000 for the year ended December 31, 2013. 2 On May 31, 2013, equipment costing $100,000 that had

accumulated depreciation of $50,000 was sold for $70,000 cash.

3 On Decmeber 20, 2013, RBI sold shares of common stock for $300,000 cash. 4 RBI's depreciation expense for the year was $100,000

5 On December 30, 2013, RBI issued bonds with a face value of $500,000

and a stated interest rate of 5% for a $25,000 discount yielding proceeds of $475,000

6 On December 10, 2013, RBI declared a dividend of $200,000 to its common shareholders. The date of record for the dividend was December 20, 2013 and the date that the div idend was paid on December, 30, 2013.

For Raiding Broncos, Inc. ("RBI"), prepare a statement of cash flows for the year ended December 31, 2013 ASSETS CA A CAR See IN ALL 79.000 400 100 Ne-am TOTAL ASSETS LIABILITIES A Total 500.000 Bonde Total 475 TOTAL LIABILITIES 1999 TO . 1.2.000 TOTAL SHAROLDERS EQUITY TOTAL LLANILITIES AND SHARISHOLDERS EQUITY 1990,000 ADESIONAL INFORMATION I RBI had a net income of $400,000 for the year ended December 31, 2013.2 On May 31, 2013, equipment costing $100,000 that had accumulated depreciation of $50,000 was sold for $70,000 cash. 3 on Deemeber 20, 2013, RBI sold shares of common stock for $300,000 cash. 4 RBI's depreciation expense for the year was $100,000 On December 30, 2013, RBI issued bonds with a face value of $500,000 and a stated interest rate of 5% for a $25,000 discount yielding proceeds of $475,000 On December 10, 2013, RBI declared a dividend of $200,000 to its common shareholders. The date of record for the dividend was December 20, 2013 and the date that the dividend was paid on December, 30, 2013 For Raiding Broncos, Inc. ("RBI"), prepare a statement of cash flows for the year ended December 31, 2013 ASSETS CA A CAR See IN ALL 79.000 400 100 Ne-am TOTAL ASSETS LIABILITIES A Total 500.000 Bonde Total 475 TOTAL LIABILITIES 1999 TO . 1.2.000 TOTAL SHAROLDERS EQUITY TOTAL LLANILITIES AND SHARISHOLDERS EQUITY 1990,000 ADESIONAL INFORMATION I RBI had a net income of $400,000 for the year ended December 31, 2013.2 On May 31, 2013, equipment costing $100,000 that had accumulated depreciation of $50,000 was sold for $70,000 cash. 3 on Deemeber 20, 2013, RBI sold shares of common stock for $300,000 cash. 4 RBI's depreciation expense for the year was $100,000 On December 30, 2013, RBI issued bonds with a face value of $500,000 and a stated interest rate of 5% for a $25,000 discount yielding proceeds of $475,000 On December 10, 2013, RBI declared a dividend of $200,000 to its common shareholders. The date of record for the dividend was December 20, 2013 and the date that the dividend was paid on December, 30, 2013