Hello, I need help checking my answers. Here is the attached assignment viewed as opened in Excel. Please type/write any of your answers that are on the rightmost side of your answer sheet underneath on the left side or some how because I am unable to view it on the right side because it gets cut off and I am unable to view the right side of the answer page in Chegg. Please make the answers on the right edge viewable for me on here, thanks! :)

B A Note: Please put your answers only in the section below the Bold Red sentence at the end of the Required section below. GeDook Company's most recent balance sheet, income statement, and other important information for 2022 are presented below. Balance Sheets 2022 2021 10 Cash 1 Accounts receivable 2 3 898,000 480,000 405,000 54,000 1,011,000 (612,000) 283,000 2,519,000 Inventory Prepaid expenses Property, plant, and equipment Accumulated depreciation Long-term investments Total assets 715,000 540,000 355,000 71,000 910,000 (510,000) 340,000 2,421,000 4 5 16 17 18 19 172,000 20 Accounts payable Accrued liabilities Interest payable Income tax payable 21 108,000 35,000 44,000 30,000 59,000 30,000 21,000 22 A heet1 Sheet2 Sheet3 A B D E F 7 8 co 9 2021 10 715,000 11 540,000 12 355,000 Balance Sheets 2022 Cash 898,000 Accounts receivable 480,000 Inventory 405,000 Prepaid expenses 54,000 Property, plant, and equipment 1,011,000 Accumulated depreciation (612,000) Long-term investments 283,000 Total assets 2,519,000 13 71,000 14 910,000 (510,000) 15 16 340,000 17 2,421,000 18 19 20 21 Accounts payable Accrued liabilities Interest payable Income tax payable Bonds payable Common stock 22 108,000 35,000 44,000 30,000 214,000 1,348,000 740,000 2,519,000 172,000 59,000 30,000 21,000 28,000 1,326,000 785,000 2,421,000 23 24 25 Retained earnings Total liabilities & equity 26 27 A Sheet2 Sheeta. B Income Statement 5 5 For the Year Ended Dec. 31, 2022 Sales 1,800,000 8 1,222,000 9 578,000 10 Cost of goods sold Gross margin Operating expenses Depreciation expense Operating income 280,000 41 270,000 42 28,000 43 Interest expense (24,000) 44 9,000 45 Gain on sale of equipment Loss on sales of long-term investments Income before taxes (3,000) 46 10,000 47 Income tax expense 48 3,000 Net income 7,000 49 50 Additional data for 2022: 1. Sold equipment with a book value of $30,000 (= $198,000 cost - $168,000 accumulated depreciation) for $39,000 cash. 51 Sheet1 Sheet2 Sheet3 NOAA F E A B C D Income before taxes 10,000 Income tax expense 3,000 Net income 7,000 Additional data for 2022: 1. Sold equipment with a book value of $30,000 = $198,000 cost - $168,000 accumulated depreciation) for $39,000 cash. 1 2 2. Purchased equipment for $299,000 cash. 3. Sold long-term investments for $64,000 cash. These 3 investments had an original cost of $67,000. 54 4. Purchased long-term investments for $10,000 cash. 55 5. Issued bonds for $186,000 cash. 56 6. Issued common stock for $22,000 cash. 57 7. Declared and paid $52,000 in cash dividends. 58 59 60 Required: Prepare a statement of cash flows for the year ended December 31, 2022, using the indirect method 61 62 Your answers to this open-ended assignment should be placed in the space below this line. GeDook Company Statement of Cash Flows For the Year Ended December 31, 2022 Net income Add back depreciation expense Add back loss on sale of long-term investments Deduct gain on sale of equipment Decrease in accounts receivable Increase in inventory Decrease in perepaid expenses Decrease in accounts payable Decrease in accrued liabilities Increase in interest payable Increase in income tax payable Cash provided by operating activities Proceeds from sale of equipment Purchase of equipment Proceeds from sale of long-term investments Purchase of long-term investments Cash used by investing activities Sheet1 Sheet2 Sheet3 EBB 1 E F A 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 D C B Net income Add back depreciation expense Add back loss on sale of long-term investments Deduct gain on sale of equipment Decrease in accounts receivable Increase in inventory Decrease in perepaid expenses Decrease in accounts payable Decrease in accrued liabilities Increase in interest payable Increase in income tax payable Cash provided by operating activities 84 Proceeds from sale of equipment Purchase of equipment Proceeds from sale of long-term investments Purchase of long-term investments Cash used by investing activities 85 86 87 88 89 90 91 92 93 94 95 Proceeds from issuance of bonds Proceeds from issuance of common stock Payment of cash dividends Cash provided by financing activities Net increase in cash Beginning cash balance Ending cash balance Sheet1 Sheet2 Sheets