How do you solve these?

1. Below is the account information for UMPI Corporation. Prepare a classified balance sheet in report form for the company as of December 31, 2018. Prepare a balance sheet as of December 31, 2020. Equipment Interest Payable Retained Earnings Dividends Payable Land Accounts Receivable Bonds Payable (long-term) Notes Payable (due in 6 months) Common Stock Accumulated Depreciation - Equip. Prepaid Advertising Buildings Supplies Income Taxes Payable Salaries and Wages Payable A/D - Building Cash 60,000 250 ? 50,000 140,000 102,000 78,000 29,000 70,000 10,000 5,000 80,000 1,000 3,000 900 15,000 95,000 2. Selected financial statement information and additional data for Jasmine Co. is presented below. Prepare a statement of cash flows for the year ending December 31, 2020 Cash Accounts receivable (net). Inventory Land Equipment... A/D-Eqp. Accounts payable. Notes payable - short-term.. Notes payable - long-term. Common stock Retained earnings 2020 $65,000 144,200 206,600 21,000 789,600 115,600 86,000 29,400 302,400 487,200 205,800 December 31 2019 $42,000 84,000 168,000 58,800 504,000 84,000 50,400 67,200 168,000 420,000 67,200 *change in inventory is an operating activity* Additional data for 2020: 1. Net income was $220,200. 2. Depreciation was $? 3. Land was sold at its original cost. 4. Dividends of $81,600 were paid. 5. Equipment was purchased for $84,000 cash. 6. A long-term note for $134,400 issued for equipment purchase. 7. New owners invested in company by purchasing 100 shares of Common stock for cash