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How do I get the numbers in the Yellow boxes? 2022 2021 531.144 Balance Sheet Cash A/R (AFDA) Inventory PPE (A/D) Total Assets 170.0 270.0
How do I get the numbers in the Yellow boxes?
2022 2021 531.144 Balance Sheet Cash A/R (AFDA) Inventory PPE (A/D) Total Assets 170.0 270.0 (30.0) 310.0 (20.0) 330.0 420.0 1,605.0 1,635.0 (500.0) 2,256.144 (425.0) 2,040.0 80.0 180.0 A/P Interest / Payable Notes/P 0.495 350.0 135.0 1,690.6 2,256.144 200.0 100.0 1,560.0 2,040.0 RE Total Land S/H Equity fy 2022 2,600.0 2,015.0 585.0 315.0 40.0 Income Statement Revenues COGS Gross Profit SGA Bad Debt Expense Operating income Gains and losses Interest Expense Pretax NI Tax Expense Net Income 230.0 35.0 14.805 250.195 59.546 190.6 a) BNA sold PPE of $210,000 (cost) for cash and acquired PPE of $180,000 by issuing stock ($70,000 value) and a 4-year note ($110,000) on June 1. b) BNA recognized $100,000 of depreciation, 75% of which was allocated to COGS and the remainder to SGA. c) The combined tax rate was 23.8%. BNA incurred interest costs at 5.4%. d) During the year BNA purchased $1,850,000 of inventory. e) The common stock, paid-in-capital and treasury stock accounts are shown net as contributed capital (CC). BNA purchased $35.000 of its own shares during 2020. f) BNA issued a three-year note for cash on Oct 1, 2022. g) All interest payments are at three-month anniversaries from the date of issue. REQUIRED: Prepare a SOCF using both the direct and indirect methodsStep by Step Solution
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