Here are comparative balance sheets for Coronado Company. CORONADO COMPANY Comparative Balance Sheets December 31 & Assets 2022 2021 Cash $ 86,140 $ 25,960 Accounts receivable 102,660 89,680 Inventories 200,600 225.380 Land 84,960 118,000 306,800 236,000 Equipment Accumulated depreciation (77.880) (37.760) Total $703,280 $657.260 Liabilities and Stockholders' Equity $ 43,660 $ 55,460 Accounts payable Bonds payable 177,000 247,800 Question 6 of 10 -/15 Bonds payable 177.000 247,800 Common stock ($1 par) 254,880 205,320 Retained earnings 227,740 148,680 Total $703,280 $657.260 Additional information: 1 1 Net income for 2022 was $118,000. 2 3. 4. Cash dividends of $38.940 were declared and paid. Bonds payable amounting to $70,800 were redeemed for cash $70,800. Common stock was issued for $49.560 cash. Equipment that cost $59.000 and had a book value of $35,400 was sold for $42.480 during 2022: land was sold at cost. , 5. (a) Question 6 of 10 -/1 - 15,000 or in parenthesis es (15,000) CORONADO COMPANY Statement of Cash Flows > $ Adjustments to reconcile net income to > $ S IT Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Irvesting Activities Cash Flows trom Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash used by Financing Activities Net Cash used by Investing Activities Net Cash used by Operating Activities Net Decrease in Cath Nat increase in Cash 69F Partly sunny O Question 6 of 10 ./1 III Amortization expense Decrease in Accounts Payable Decrease in Accounts Receivable Decrease in Accrued Expenses Payable Decrease in Inventory Decrease in Prepaid Expenses Depreciation Expense S Gainon disposal of equipment Increase in Accounts Payable Increase in Accounts Receivable Increase in Accrued Experises Payable Attempts unlimited Submit Answer Increase in Inventory