Golksear \& More, Incorporated is a regional and online golf equipment retallet. The compony reported the following for the current year Purchased a long-term investment for cash, $24,000 Paid cash dividend, $13,500 Soid equipment for $13,500 cash (cost, $36,000, accumulated depreciation, $22.500 ) Issued shares of no-par stock, 400 shares at $14 per share cash Net income was $27700 Depreciation expense was $4,500 Its comparative balance sheet is presented below. Required: 1. Complete a T-account worksheet 2. Based on the T-account worksheet, prepare the stotement of cash flows for the current year Complete this question by entering your answers in the tabs below. Complete a t-account worksheet. Golfeear 5 More incompornted is a regional and online golf eqipment retakec Fhe compery regorled the following for the year Phechased a long-lerm investment for cash. 524000 Powid cash devidend 513 soo. Sold equipement for 5 th,500 cash icost, 535,000 , accumulasod deprecasten, $22.300. lavued shares of no-par wock, 400 shares at 514 pee ahave cash Net thcome wan $27300 Depreciotion experse ass $4500 hs comporathe bolance sheet is presented belom. Reequired. 1. Complest a T-eccourt warkheet. 2. Bssed on the Tuccount workshect, prepare the stalement of cash fows for the curnent yeat Complete this auestien by enterisg yeur anavers in the tabs bulsw. Besed on the Trocount workibeet, prepare the itale miert af cach fana ty the ourent ywar Golksear \& More, Incorporated is a regional and online golf equipment retallet. The compony reported the following for the current year Purchased a long-term investment for cash, $24,000 Paid cash dividend, $13,500 Soid equipment for $13,500 cash (cost, $36,000, accumulated depreciation, $22.500 ) Issued shares of no-par stock, 400 shares at $14 per share cash Net income was $27700 Depreciation expense was $4,500 Its comparative balance sheet is presented below. Required: 1. Complete a T-account worksheet 2. Based on the T-account worksheet, prepare the stotement of cash flows for the current year Complete this question by entering your answers in the tabs below. Complete a t-account worksheet. Golfeear 5 More incompornted is a regional and online golf eqipment retakec Fhe compery regorled the following for the year Phechased a long-lerm investment for cash. 524000 Powid cash devidend 513 soo. Sold equipement for 5 th,500 cash icost, 535,000 , accumulasod deprecasten, $22.300. lavued shares of no-par wock, 400 shares at 514 pee ahave cash Net thcome wan $27300 Depreciotion experse ass $4500 hs comporathe bolance sheet is presented belom. Reequired. 1. Complest a T-eccourt warkheet. 2. Bssed on the Tuccount workshect, prepare the stalement of cash fows for the curnent yeat Complete this auestien by enterisg yeur anavers in the tabs bulsw. Besed on the Trocount workibeet, prepare the itale miert af cach fana ty the ourent ywar