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i need help as soon as possible please Question 11 The following comparative balance sheet is given for Estern Co.: Assets Dec 31, 2021. $351,000
i need help as soon as possible please Question 11 The following comparative balance sheet is given for Estern Co.: Assets Dec 31, 2021. $351,000 Cash Notes Receivable 72,000 Supplies & Inventory 81,000 Prepaid expense 31,500 Long-term investments 0 Machines and tools 166,500 (63,000) Accumulated depreciation-equipment Total Assets $639,000 Liabilities & Stockholders' Equity Accounts payable $ 76,500 Bonds payable (long-term) 166,500 Common Stock 180,000 Retained Earnings 216,000 Total Liabilities & Stockholders' Equity $639,000 Dec 31, 2020 $58,500 63,000 121,500 54,000 81,000 144,000 (45,000) $477,000 $ 31,500 211,500 103,500 130,500 $477,000 Income Statement Information (2011) Net income for the year coding December 11, 2021 is $110,100. 2 Depreciation expense is $18,000 3 There is a lows of $9,000 resulted from the sale of long term investment Additional information (2021) 1. All sales and purchases of inventory and on account (or credit) 2. Received cash for the sale of long term investments that had a cost of $81,000, yielding $9,000 3. Cash dividende pad is $45,000. The company purchased new machines and tools for $22,500 cand Required: Prepare the FIRST (Operating) and the SECOND (Investing) sections of the statement of cash flows for the year ended December 31, 2021 (PLEASE PROVIDE EACH AMOUNT/ITEM IN A SEPARATE LINE) For the toolbar, press ALT+F10 (PC or ALT ENE 10 (Mac)
i need help as soon as possible please
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