Green Products the provided the following combalance sheets and come for the comentar m Click the convence shoes Click the con to view the comment tento vital formation) Requirement Progare the oth flow talent for Groen Products for the current yout using the Indirect method Provide all required dedores Complete the statement one section at a time, Degering with the cash fows from operating activities (Una magn or parentheses for an emotydo not select a tabel or entera 200) Green Products Inc Statement of Cash Flows indirect Method) For the Year Ended December 31 Operating Activities Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities: Choose from any store any number in the input file and then continue to the question Type here to search o RI EN 1- w N 3 % S 6 17 Thb Q w E R T Caps A S D F G H Son Products in provided the following con k the icon to view the balance sheets) Click the icon to view the income state lick the icon to view additional information) Requirement Prepare the cash flow statement for Green Products for the current year using the Indirect me Changes in Operating Working Capital Accounts Net Cash Provided (Used) by Operating Activities Investing Activities: Net Cash Provided (Used) by Investing Activities Financing Activities: Choose from any list or enter any number in the input fields and then continue to the next ge Type here to search the icon to view additional information) my Requirement at Prepare the cash flow statement for Green Products for the current year using the indirect Net Cash Provided (Used) by Investing Activities Financing Activities: ud Net Cash Provided (Used) by Financing Activities Net Increase (Decrease) in Cash and Cash Equivalents Lea Cash and Cash Equivalents, Beginning of Year Cash and Cash Equivalents, End of Year a Choose from any list or enter any number in the input fields and then continue to the next qu stion Help Serbian West Shoes, Inc. provi. Answered o 994 How the balance sheets) then to view actional information) Click the icon to view the come statement) Requirement Prepare the cash flow statement for Groen Products for the current year using the indirect method Provide a required disclosures Provide guined cash flow disclosures Bigriticant Moncash investing and Financing Activities: Accounting Policy for the Definition of Cash Equivalents: For purposes of the statement of cashows the company considers al purchased with maturities of three months or loss to be cash equivalons Suded the dadosure for significant noncash investing and financing activities OA The company coldts franchise at book value OB. The company sold 5185.000 dequicment under capitale OC. The company recognized $138.960 ct stock bated coconuation expenso. D. None y debt instruments Cash Pad for Taxes and interest Pardo Two Choose from any list or enter any number in the input fields and then continue to the next question on Helo Serbian West Shoes Inc. Drovi. Ancwaren 06/01/2021 o RI Income Statement For the Current Year Ended December 31 Sales $ 9,415,258 Cost of Goods Sold 5,164,896 $ 4,250,362 Gross Profit ho Selling, General, and Administrative Expenses $ $ 394,789 Pension Expense 1,080,123 Bad Debt Expense 20,500 1 Depreciation Expense 155,630 Depreciation Expense - finance leases 165,000 59,450 Amortization Expense - intangible assets $ 1,875,492 Total Operating Expenses $ 2,374,870 Operating Income Loss on Disposal of Equipment $ (196,580) Interest Expense (425,963) Interest Revenue 785,456 Realized Loss on Trading Securities (69,000) 1.779,360 Equity Earnings from Affiliate Companies Income Before Tax $ 4,248.143 Income Tax Expense (1,699,257) $ 2,548,886 Net Income Print Done Additional Cash Flow Information Additional Information: Green Products sold trading securities at a loss The company sold one of its franchises at book value. The company sold plant assets with a carrying value of $1,095,784 for a loss of $196,580. The company made debt payments to reduce the current portion of long-term debt and finace lease obligations Green Products borrowed an additional $4,100 by issuing a long-term note. The change in AOCI is the result of adjustments required for the company's defined- benefit pension plan Green Products acquired additional securities classified as held to maturity. It did not purchase any other investments during the year. It did not reissue any treasury stock. Treat the trading securities as an investing activity: Ignore the amortization of the held-to-maturity investment Assume no adjustments to fair value for trading investments. . . . Print Done Equy Eam TOT companies Income Before Tax Income Tax Expense 4,248, 143 (1.699,257) Net Income 2,548,886 Ids and then continue to Print Done 99 Green Products, Inc Balance Sheets At December 31 Assets Current Year Prior Year Current Assets Cash $ 1,503 980 $ 397,840 Trading Debt Investments 480.400 635,400 Accounts Receivable-net 669,850 340,456 Merchandise Inventory 975 950 680.456 Prepaid Expenses 661,900 387,400 Total Current Assets $ 4,292,090 S 2.441,552 Noncurrent Assets $ 1.978,880 $ 789.120 569,100 375,000 Investments in Affiliate Companies Held-to-Maturity Debt Investments Property, Plant, and Equipment - net Equipment under Finance Lease - net Intangible Assels.net Deferred Tax Asset-net 10.123.755 11,375,169 2.350.000 2,515,000 681.000 210 600 990.450 150.500 Total Noncurrent Assets $ 15,913,335 $ 16.195.230 Total Assets 5 20.205425 5 18,638,791 Liabilities saldo Print Done Done o ON 99+ x (D) Prisen Current Portion of Long-term Debt S 176,500 5 492.159 Accounts Payabie 1,380,740 1,070.145 Dividends Payable 555,060 404 960 510,479 409,520 Income Taxes Payable Total Current Liabilities Noncurrent Liabilities $ 2.622.779 $ 2,376,784 Bonds Payable $ 3,150,000 $ 3,150,000 Add: Premium on Bonds 970.963 1.115,983 Notes Payable 1,683,063 1.678 963 Obligations under Finance Leases 3,515,000 3.870.800 Deferred Tax Liability Net Obligations under Pension Plans 454,250 536.900 654.440 490.150 $ 10,427,716 10,842,776 $ 13,050 495 $ 13,219,560 Total Noncurrent Liabilities Total Liabilities Shareholders' Equity Common stock, S1 par value Additional Paid-in Capital in Excess of Pac-Common $ 971,800 1321.600 $ 3,734 500 2,934,500 Additional Paid-in Capital-Stock Options 0 Retained Earnings 138,960 5,533.030 (977 560) 3,339.144 Accumulated other Comprehensive Income (AOCI 592,587 Total Shareholders' Equity S 9,750,530 S 7,837831 Print Done ORI ON 99 Green Products the provided the following combalance sheets and come for the comentar m Click the convence shoes Click the con to view the comment tento vital formation) Requirement Progare the oth flow talent for Groen Products for the current yout using the Indirect method Provide all required dedores Complete the statement one section at a time, Degering with the cash fows from operating activities (Una magn or parentheses for an emotydo not select a tabel or entera 200) Green Products Inc Statement of Cash Flows indirect Method) For the Year Ended December 31 Operating Activities Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities: Choose from any store any number in the input file and then continue to the question Type here to search o RI EN 1- w N 3 % S 6 17 Thb Q w E R T Caps A S D F G H Son Products in provided the following con k the icon to view the balance sheets) Click the icon to view the income state lick the icon to view additional information) Requirement Prepare the cash flow statement for Green Products for the current year using the Indirect me Changes in Operating Working Capital Accounts Net Cash Provided (Used) by Operating Activities Investing Activities: Net Cash Provided (Used) by Investing Activities Financing Activities: Choose from any list or enter any number in the input fields and then continue to the next ge Type here to search the icon to view additional information) my Requirement at Prepare the cash flow statement for Green Products for the current year using the indirect Net Cash Provided (Used) by Investing Activities Financing Activities: ud Net Cash Provided (Used) by Financing Activities Net Increase (Decrease) in Cash and Cash Equivalents Lea Cash and Cash Equivalents, Beginning of Year Cash and Cash Equivalents, End of Year a Choose from any list or enter any number in the input fields and then continue to the next qu stion Help Serbian West Shoes, Inc. provi. Answered o 994 How the balance sheets) then to view actional information) Click the icon to view the come statement) Requirement Prepare the cash flow statement for Groen Products for the current year using the indirect method Provide a required disclosures Provide guined cash flow disclosures Bigriticant Moncash investing and Financing Activities: Accounting Policy for the Definition of Cash Equivalents: For purposes of the statement of cashows the company considers al purchased with maturities of three months or loss to be cash equivalons Suded the dadosure for significant noncash investing and financing activities OA The company coldts franchise at book value OB. The company sold 5185.000 dequicment under capitale OC. The company recognized $138.960 ct stock bated coconuation expenso. D. None y debt instruments Cash Pad for Taxes and interest Pardo Two Choose from any list or enter any number in the input fields and then continue to the next question on Helo Serbian West Shoes Inc. Drovi. Ancwaren 06/01/2021 o RI Income Statement For the Current Year Ended December 31 Sales $ 9,415,258 Cost of Goods Sold 5,164,896 $ 4,250,362 Gross Profit ho Selling, General, and Administrative Expenses $ $ 394,789 Pension Expense 1,080,123 Bad Debt Expense 20,500 1 Depreciation Expense 155,630 Depreciation Expense - finance leases 165,000 59,450 Amortization Expense - intangible assets $ 1,875,492 Total Operating Expenses $ 2,374,870 Operating Income Loss on Disposal of Equipment $ (196,580) Interest Expense (425,963) Interest Revenue 785,456 Realized Loss on Trading Securities (69,000) 1.779,360 Equity Earnings from Affiliate Companies Income Before Tax $ 4,248.143 Income Tax Expense (1,699,257) $ 2,548,886 Net Income Print Done Additional Cash Flow Information Additional Information: Green Products sold trading securities at a loss The company sold one of its franchises at book value. The company sold plant assets with a carrying value of $1,095,784 for a loss of $196,580. The company made debt payments to reduce the current portion of long-term debt and finace lease obligations Green Products borrowed an additional $4,100 by issuing a long-term note. The change in AOCI is the result of adjustments required for the company's defined- benefit pension plan Green Products acquired additional securities classified as held to maturity. It did not purchase any other investments during the year. It did not reissue any treasury stock. Treat the trading securities as an investing activity: Ignore the amortization of the held-to-maturity investment Assume no adjustments to fair value for trading investments. . . . Print Done Equy Eam TOT companies Income Before Tax Income Tax Expense 4,248, 143 (1.699,257) Net Income 2,548,886 Ids and then continue to Print Done 99 Green Products, Inc Balance Sheets At December 31 Assets Current Year Prior Year Current Assets Cash $ 1,503 980 $ 397,840 Trading Debt Investments 480.400 635,400 Accounts Receivable-net 669,850 340,456 Merchandise Inventory 975 950 680.456 Prepaid Expenses 661,900 387,400 Total Current Assets $ 4,292,090 S 2.441,552 Noncurrent Assets $ 1.978,880 $ 789.120 569,100 375,000 Investments in Affiliate Companies Held-to-Maturity Debt Investments Property, Plant, and Equipment - net Equipment under Finance Lease - net Intangible Assels.net Deferred Tax Asset-net 10.123.755 11,375,169 2.350.000 2,515,000 681.000 210 600 990.450 150.500 Total Noncurrent Assets $ 15,913,335 $ 16.195.230 Total Assets 5 20.205425 5 18,638,791 Liabilities saldo Print Done Done o ON 99+ x (D) Prisen Current Portion of Long-term Debt S 176,500 5 492.159 Accounts Payabie 1,380,740 1,070.145 Dividends Payable 555,060 404 960 510,479 409,520 Income Taxes Payable Total Current Liabilities Noncurrent Liabilities $ 2.622.779 $ 2,376,784 Bonds Payable $ 3,150,000 $ 3,150,000 Add: Premium on Bonds 970.963 1.115,983 Notes Payable 1,683,063 1.678 963 Obligations under Finance Leases 3,515,000 3.870.800 Deferred Tax Liability Net Obligations under Pension Plans 454,250 536.900 654.440 490.150 $ 10,427,716 10,842,776 $ 13,050 495 $ 13,219,560 Total Noncurrent Liabilities Total Liabilities Shareholders' Equity Common stock, S1 par value Additional Paid-in Capital in Excess of Pac-Common $ 971,800 1321.600 $ 3,734 500 2,934,500 Additional Paid-in Capital-Stock Options 0 Retained Earnings 138,960 5,533.030 (977 560) 3,339.144 Accumulated other Comprehensive Income (AOCI 592,587 Total Shareholders' Equity S 9,750,530 S 7,837831 Print Done ORI ON 99