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Help Sav A company reports the following amounts on December 31, Year 1 Assets Cash Supplies Prepaid insurance Building $ 8,200 2,300 4,000 77.000 Liabilities

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Help Sav A company reports the following amounts on December 31, Year 1 Assets Cash Supplies Prepaid insurance Building $ 8,200 2,300 4,000 77.000 Liabilities and Stockholders' Equity Accounts payable $11,200 Salaries payable 4,000 Notes payable 25,000 Common stock 40,000 Retained earnings 11,300 In addition, the company reported the following cash flows. Canh InflowT Customers Borrow from the bank (note) Sale of investments 25,000 17,500 Cash outflows Employee salaries Supplies Dividends Purchase building $27,000 9.000 9,000 72,000 Required: 1. Prepare a balance sheet. 2. Prepare a statement of cash flows, Complete this question by entering your answers in the tabs below. Balance Sheet Cash Flows Statement of Complete this question by entering your answers in the tabs below. Balance Sheet Statement of Cash Flows Prepare a balance sheet. Balance Sheet December 31, Year 1 Assets Liabilities Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity Total Assets Balance Statement of Cash Flows > Balance Sheet Statement of Cash Flows Prepare a statement of cash flows. (Cash outflows and decreases in cash should be indicated by a minus sign.) Statement of Cash Flows For the year ended December 31, Year 1 Cash Flows from Operating Activities Net Cash Flows from Operating Activities Cash Flows from Investing Activities Net Cash Flows from Investing Activities Cash Flows from Financing Activities Net Cash Flows from Financing Activities Cash at the Beginning of the Year Cash at the End of the Year

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