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help with this please Golden Lake Company's comparative balance sheet and additional data are shown below. Go to view the company base the Ciekto to
help with this please
Golden Lake Company's comparative balance sheet and additional data are shown below. Go to view the company base the Ciekto to vi theo Requirement Prepare the statement of cash flows for the year ended December 31, 2018, uting the indred method. Ce no ed alternater) rent on the box my do More info Golden Late Company Statement of Cash Flows Year Ended December 11, 2018 Carlos From Operating Active Not income Auments to Recent Netelah Priided by in Operating 1. The income statement for 2019 included the following us. Net income $515,000 Deprecation expense for the year, 83,470 Amortation on the borde payable 320 2. There were no disposats al property, plant and equipment auring your. At acquisition of PPRE were for cash the land, which was acquired by issuing preferred stock 1. The company issued bonde sable with a face value of $400.000, Dash of 08.400 The contendihulad 6.000 shares of conmon stock in a stock didend when the more value was 318.00 per ha. Al other vidends were din sash The common stock, nagy for the stock und was not for cash. The chip from the earth 2010 condott aditybos os no late to operation Print Done Data table Golden Lake Company Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 8,350 1,697,060 $ 28,000 0 2,300 6,900 700 0 50 100 Assets Current Assets: Cash Short-term Investments, net Accounts Receivable, net Merchandise Inventory Office Supplies Prepaid Rent Property, Plant, and Equipment: Land Building Canoes Office Furniture and Equipment Accumulated Depreciation-PP&E 0 1,800 245,000 826,000 12,000 95,000 406,000 12,000 0 130,000 (38,450) (1,980) - Data table RUOTTA cu voprorasonra $ 2,902,660 $ 528,170 $ 6,460 $ 4,440 590 240 550 300 1,500 3,900 10,000 0 Total Assets Liabilities Current Liabilities: Accounts Payable Utilities Payable Telephone Payable Wages Payable Notes Payable Interest Payable Unearned Revenue Long-Term Liabilities: Notes Payable Mortgage Payable Bonds Payable Discount on Bonds Payable Total Liabilities Stockholders' Equity 400 100 1,050 600 5,760 5,760 285,000 0 0 400,000 (1,280) 0 712,430 12,940 X Data table Toivo 400 100 1,050 600 5,760 0 5,760 285,000 400,000 (1,280) 0 0 712,430 12,940 Interest Payable Unearned Revenue Long-Term Liabilities: Notes Payable Mortgage Payable Bonds Payable Discount on Bonds Payable Total Liabilities Stockholders' Equity Paid-In Capital: Preferred Stock Paid-In Capital in Excess of Par-Preferred Common Stock Paid-In Capital in Excess of Par-Common Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 70,000 80,000 513,000 1,063,000 550,000 427,230 2,230 2,190,230 515,230 $ 2,902,660 $ 528,170 Step by Step Solution
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