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help with part b The following are the financial statements of Pharoah Company. Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common
help with part b The following are the financial statements of Pharoah Company. Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock 18,40013,000 Retained earnings Total $127,30047,200$113,60042,200 Additional data: 1. Dividends deciared and paid were $28,000. During the year, equipment was sold for $9,500 cash. This equipment cost $18,300 originally and had a book value of $9,500 at the time of sale. 3. All depreciation expense, $14,600, is in the operating expenses. 4. All sales and purchases are on account. Pharoah Company Statement of Cash Flows Focthe Year Ended Decimber31: 2020 : Cash Flownicom Operatins Activitien : Cash Recelpts trom Cutoners: $ Less : cash payments: To Sumptiens For ogeratiof Gupenset. Sule of Equipment Cash Flow from Financing Activities lssuance of Common Stock Redemption of Bond Pavment of Dividende Net Cask Used by Financing Activitie: Net increare in Cast Cashat Beginning of Period Cishat Endof Perlod Compute free cash flow. (Enter negotive amount using either a negative sign preceding the number e.8. -45 or parentheses es. (45).) Free cash flow
help with part b
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