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help completing balance sheet Jobim Inc., had the following condensed balance sheet at the end of operation Cash Current assets other than cash Investments Plant

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Jobim Inc., had the following condensed balance sheet at the end of operation Cash Current assets other than cash Investments Plant assets (net) Land ORIMINE BALANCE SHEET DECEMBER 2013 $8,010 Current liabilities 28,660 Long-term notes payable 19,840 Bonds payable 67,170 Capital stock 40,360 Retained earnings $164,040 $15,110 25,620 25,370 75,210 22,730 $164,040 During 2014, the following occurred. 1. A tract of land was purchased for $11,390. 2. Bonds payable in the amount of $20,150 were retired at par. 3. An additional $10,350 in capital stock was issued at par. 4. Dividends totaling $9,282 were paid to stockholders. 5. Net income was $30,730 after deducting depreciation of $13.420. 6. Land was purchased through the issuance of $22,830 in bonds. 7. Jobim Inc. sold part of its investment portfolio for $12,710. This transaction resulted in a gain of $1.500 for the company. The company dassifies the investments as available for sale. 8. Both current assets (other than cash) and current abilities remained at the same v (a) Your answer is correct. Prepare a statement of cash flows for 2014 using the indirect method. (Show amounts that decrease cash flow with either a sign .g. -15,000 or in parenthesis e.o. (15.000).) JOBIM INC. Statement of Cash Hows For the Year Ended December 31, 2014 Cash Flows from Operating Activities 30730 Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities T Depreciation Expense Net Cash Provided by Opera JOBIN INC. Balance Sweet December 31, 2014 Current Assets 32898 Current Ass Investment 19,340 Property, plant and Equip TP Assets Total Property, plant and Equ perent Liabilities and stoc Dones Pet Toto Stockholden. E Cate1000000 Retained 10011 1 Stockholders to

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