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I need help completing the Cash flows balance sheet and income statement Chester, Inc. Trial Balances for years ending December 31, 2013, 2014, and 2015
I need help completing the Cash flows balance sheet and income statement
Chester, Inc. Trial Balances for years ending December 31, 2013, 2014, and 2015 Account Description Cash on Hand Regular Checking Account Savings Account Accounts Receivable Other Receivables Allowance for Doubtful Accounts Inventory Reserve for Inventory Obsolescence Prepaid Insurance Prepaid Rent Office Supplies Land Buildings and Land Improvements Machinery, Equipment, Office Furniture Accum. Depreciation Investments Other Noncurrent Assets Taxes Receivable/payable Accounts Payable Wages Payable FICA Employee Withholding Medicare Withholding Federal Payroll Taxes Payable State Payroll Taxes Payable FICA Employer Withholding Medicare Employer Withholding Line of Credit Current Portion Long-Term Debt Interest payable Bonuses payable Dividend payable Common Stock Paid-in Capital Retained Earnings Dividends Sales Sales Returns Warranty Expense Income from Investments Interest Income Cost of Goods Sold Freight Advertising Expense Auto Expenses Research and Development Depreciation Expense Warehouse Salaries Property Tax Expense Legal and Professional Expense Bad Debt Expense Insurance Expense Maintenance Expense Utilities Phone Postal Miscellaneous Office Expense Payroll Tax Exp Pension/Profit-Sharing Plan Ex Rent or Lease Expense Administrative Wages Expense Bonus expense Interest Expense Income Tax Expense - Federal Income Tax Expense - State Loss on Legal Settlement 2013 $ 2,484 $ 247,646 3,806,198 20,513,628 (1,578,525) 23,531,507 (3,765,000) 929,143 250,000 9,259 146,250 779,882 541,521 (205,000) 715,864 67,301 (5,791,398) (36,838) (1,648) (730) (7,541) (3,519) (1,648) (730) (12,500,000) (6,000,000) (10,131,250) (9,278,750) (2,773,901) 6,000,000 (307,716,148) 5,621,979 1,375,352 (255,379) 176,961,527 5,378,689 1,121,425 261,218 39,015,418 166,250 5,791,730 100,619 4,506,417 2,028,032 1,067,428 76,420 169,554 95,467 160,042 21,279 1,938,736 3,750,000 3,254,357 21,094,132 1,093,750 2,956,250 536,250 23,965,000 2014 2,548 $ 253,960 4,083,071 57,697,091 1,400,000 (1,387,691) 75,851,471 (12,136,103) 2,830,474 9,565 131,040 698,775 3,280,589 (764,692) 2,238,634 (3,205,440) (22,488,866) (264,513) (9,452) (12,785) (132,256) (61,720) (9,452) (12,785) (49,731,360) (13,440,000) (470,311) (504,000) (15,250,000) (10,131,250) (9,278,750) (2,238,105) 15,250,000 (271,839,067) 12,432,247 1,297,104 (1,227,199) (147,707) 161,029,981 4,749,095 1,161,276 235,763 592,335 581,012 5,348,208 111,252 10,435,113 5,875,403 1,045,085 96,220 170,855 58,911 87,140 27,879 1,767,149 3,696,000 1,351,363 18,344,399 504,000 3,373,056 14,142,240 2,503,200 - 2015 2,599 243,802 4,205,563 49,042,528 1,200,000 (2,942,552) 65,990,780 (10,558,525) 2,667,722 9,182 131,040 833,775 3,280,589 (1,381,847) 2,070,736 (6,011,540) (13,850,648) (198,384) (7,089) (9,589) (99,192) (46,290) (7,089) (9,589) (44,177,211) (12,084,720) (568,429) (459,000) (15,000,000) (10,131,250) (9,278,750) (9,185,791) 15,000,000 (288,876,206) 23,110,096 1,444,381 (1,138,905) (142,168) 179,103,248 4,325,068 1,057,591 214,713 3,080,313 617,155 4,870,689 101,319 9,503,406 13,963,800 951,774 87,629 155,600 53,651 79,360 25,390 1,609,368 3,366,000 2,230,705 19,706,506 459,000 2,842,147 7,269,540 1,258,000 - Chester Inc Statement of Cash Flows 2013 Cash Flows from operating activities 2014 2015 Chester Inc Income Statement Revenues Cost of Goods Sold Research and Development Administration Expenses Operating Income Other income (Expenses) Interest Expense Interest and Other income Loss on Settlement Income Before income Taxes Income Tax Expense Net Income Earnings Per Share Shares Outstanding 2013 307,716,148.05 176,961,527.01 39,015,417.71 21,519,194.95 2014 271,839,067.23 161,029,981.48 592,334.89 19,165,304.61 2015 288,876,205.69 179,103,247.53 3,080,312.85 20,454,116.70 70,220,008.38 91,051,446.24 86,238,528.61 1,093,750.00 23,965,000.00 45,161,258.38 3,492,500.00 41,668,758.38 5.04 8,275,000 3,373,056.29 1,227,199.13 86,451,190.82 16,645,440.00 69,805,750.82 8.44 8,275,000 2,842,147.22 1,138,905.07 82,257,476.32 8,527,540.00 73,729,936.32 8.91 8,275,000 Chester Inc Balance Sheet 2013 Assets Current Assets Cash Accounts Receivable Prepaids Office Supplies Inventory Total Short Term Assets Longterm Asset Land Building and Equipment Investments Other Noncurrent Assets Total Longterm Assets Total Assets Liabilities and Stockholder's Equity Current Liabilities Accounts Payable Accrued Expenses Long Term Debt Total Current Liabilities Non-current Liabilities Long Term Debt Total Noncurrent Liabilities Total Liabilities Stockholders Equity Common Stock Paid-in Capital Retained Earnings Total Stockholders Equity Total Liabilities and Stockholders Equity 2014 2015 4,056,327.41 18,935,103.54 1,179,142.98 9,258.53 19,766,506.55 43,946,339.00 4,339,579.44 57,709,400.26 2,830,473.84 9,564.80 63,715,367.79 128,604,386.13 4,451,964.13 47,299,975.85 2,667,721.60 9,182.21 55,432,254.86 109,861,098.65 1,262,653.78 715,863.85 67,300.74 1,329,954.51 45,276,293.51 3,345,711.32 2,238,634.04 3,345,711.32 131,950,097.45 2,863,556.32 2,070,736.48 2,863,556.32 112,724,654.97 6,264,358.59 1,382,643.00 7,647,001.59 26,469,700.78 1,397,039.63 13,440,000.00 41,306,740.40 20,494,664.84 1,272,303.95 12,084,720.48 33,851,689.26 12,500,000.00 36,291,360.00 32,092,490.52 12,500,000.00 20,147,001.59 36,291,360.00 77,598,100.40 32,092,490.52 65,944,179.78 10,131,250.00 9,278,750.00 2,773,900.81 22,183,900.81 42,330,902.40 2,945,391.11 10,131,250.00 9,278,750.00 2,238,105.00 21,648,105.00 99,246,205.40 32,703,892.05 10,131,250.00 9,278,750.00 9,185,791.00 28,595,791.00 94,539,970.78 18,184,684.19Step by Step Solution
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