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Given is the income Statement for the year ended December 31, 2018 Statement of Retained Earnings for the year ended December 31, 2019 and Comparative

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Given is the income Statement for the year ended December 31, 2018 Statement of Retained Earnings for the year ended December 31, 2019 and Comparative Balance Sheets for 2018 and 2019 Cross Corporation antes se and its . Farines before me Tas 751, Erines were Share outstanding 52. Stent of Retained Earnings For the Year Ended December 31, 2019 Retained earnings, balance, Sanuary 1, 2019 Add: arnings available to common shareholders, 2019 Deduct: Cash dividends declared and paid in 2019 5920,000 351,200 150,00 Retained earning, balanct. December 31, 2019 51,121,000 Comparative Balance Sheets For 2019 2018 December 31, 2018 Assets Current assets! Cash Accounts receivable (net) Inventory Prepaid expenses $120,000 560.000 530,000 18.00 $193,900 548,60e seg,eee 56, ege Total current assets Investments (long-term securities) plant and equipment Less: Accumulated depreciation 1.218.000 120.000 1,216,000 125,900 2.500.000 2,000,000 771,000 Net plant and equipment 1,559.000 1,229.000 Total assets 52,917,000 $2,579,900 Liabilities and Shareholders' Equity Current liabilities: Accounts payable Notes payable Accrued expenses $421.000 500.00 55.000 500,000 976,000 929,999 Total current liabilities Long-term liabilities: Bonds payable, 20xY 199,000 199,999 1,166,900 1.929.900 Total abilities Shareholders equity: Preferred stock Common stock Retained earnings 130, eee 500,000 1,121,800 139,900 500,900 920.000 1,751,00 1,550,00 Total shareholders' equity Total Habilities and shareholders' equity $2,917,000 52,570,000 Hot Cross Bun CORPORATION Statement of Cash Flows For the Year Ended December 31, 2019 Operating Activities: Net income Add items not requiring an outlay of cash: Amortization expense $920000 270000 1190000 Cash flow from operations Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued expenses 12000 21000 28000 78000 22000 Net Change in non-cash working capital 51000 Cash provided by operating activities 1139000 Investing activities: Decrease in investments Increase in plant and equipment 5000 600000 Cash (Click to select) Investing activities Financing activities: (Click to select) (Click to select (Click to select) Cash (Click to select) financing activities (Click to select) Cash, beginning of year IVELLURIG JUUUUU Add items not requiring an outlay of cash: Amortization expense 270000 1190000 Cash flow from operations Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued expenses -12000 21000 28000 78000 22000 Net Change in non-cash working capital 51000 Cash provided by operating activities 1139000 Investing activities: Decrease in investments Increase in plant and equipment 5000 600000 Cash (Click to select Investing activities Financing activities: (Click to select) (Click to select) (Click to select) Cash (Click to select) financing activities (Click to select) Cash, beginning of year Cash, end of year $ Given is the income Statement for the year ended December 31, 2018 Statement of Retained Earnings for the year ended December 31, 2019 and Comparative Balance Sheets for 2018 and 2019 Cross Corporation antes se and its . Farines before me Tas 751, Erines were Share outstanding 52. Stent of Retained Earnings For the Year Ended December 31, 2019 Retained earnings, balance, Sanuary 1, 2019 Add: arnings available to common shareholders, 2019 Deduct: Cash dividends declared and paid in 2019 5920,000 351,200 150,00 Retained earning, balanct. December 31, 2019 51,121,000 Comparative Balance Sheets For 2019 2018 December 31, 2018 Assets Current assets! Cash Accounts receivable (net) Inventory Prepaid expenses $120,000 560.000 530,000 18.00 $193,900 548,60e seg,eee 56, ege Total current assets Investments (long-term securities) plant and equipment Less: Accumulated depreciation 1.218.000 120.000 1,216,000 125,900 2.500.000 2,000,000 771,000 Net plant and equipment 1,559.000 1,229.000 Total assets 52,917,000 $2,579,900 Liabilities and Shareholders' Equity Current liabilities: Accounts payable Notes payable Accrued expenses $421.000 500.00 55.000 500,000 976,000 929,999 Total current liabilities Long-term liabilities: Bonds payable, 20xY 199,000 199,999 1,166,900 1.929.900 Total abilities Shareholders equity: Preferred stock Common stock Retained earnings 130, eee 500,000 1,121,800 139,900 500,900 920.000 1,751,00 1,550,00 Total shareholders' equity Total Habilities and shareholders' equity $2,917,000 52,570,000 Hot Cross Bun CORPORATION Statement of Cash Flows For the Year Ended December 31, 2019 Operating Activities: Net income Add items not requiring an outlay of cash: Amortization expense $920000 270000 1190000 Cash flow from operations Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued expenses 12000 21000 28000 78000 22000 Net Change in non-cash working capital 51000 Cash provided by operating activities 1139000 Investing activities: Decrease in investments Increase in plant and equipment 5000 600000 Cash (Click to select) Investing activities Financing activities: (Click to select) (Click to select (Click to select) Cash (Click to select) financing activities (Click to select) Cash, beginning of year IVELLURIG JUUUUU Add items not requiring an outlay of cash: Amortization expense 270000 1190000 Cash flow from operations Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued expenses -12000 21000 28000 78000 22000 Net Change in non-cash working capital 51000 Cash provided by operating activities 1139000 Investing activities: Decrease in investments Increase in plant and equipment 5000 600000 Cash (Click to select Investing activities Financing activities: (Click to select) (Click to select) (Click to select) Cash (Click to select) financing activities (Click to select) Cash, beginning of year Cash, end of year $

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