I need help with these two accounting problems they should not be very hard. please if you could get it done by today I would appreciate it 100%

10/8/2016 Problem 1210A Print by: OCTAVIO MATA ACC/291 50428554 / Assignment: Week 5 Assignment *Problem 1210A Condensed financial data of Odgers Inc. follow. ODGERS INC. Comparative Balance Sheets December 31 Assets 2014 Cash 2013 $ 184,224 $ 110,352 Accounts receivable 200,184 86,640 Inventory 256,500 234,498 64,752 59,280 314,640 248,520 Prepaid expenses Longterm investments Plant assets 649,800 552,900 (114,000 ) (118,560 ) $1,556,100 $1,173,630 $ 232,560 $ 153,444 Accumulated depreciation Total Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable 37,620 47,880 Bonds payable 250,800 332,880 Common stock 501,600 399,000 Retained earnings 533,520 240,426 $1,556,100 $1,173,630 Total ODGERS INC. Income Statement Data For the Year Ended December 31, 2014 Sales revenue $885,689 Less: Cost of goods sold Operating expenses, excluding depreciation Depreciation expense $308,849 28,295 106,020 Income taxes 62,198 Interest expense 10,784 Loss on disposal of plant assets 17,100 Net income 533,246 $ 352,443 Additional information: 1. New plant assets costing $228,000 were purchased for cash during the year. Old plant assets having an original cost of $131,100 and accumulated depreciation of 2. $110,580 were sold for $3,420 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $59,349 was declared and paid during the year. Further analysis reveals that accounts payable pertain to merchandise creditors. Prepare a statement of cash flows for Odgers Inc. using the direct method. (Show amounts that http://edugen.wiley.com/edugen/shared/assignment/test/qprint.uni 1/3 10/8/2016 Problem 1210A decrease cash flow with either a sign e.g. 15,000 or in parenthesis e.g. (15,000).) ODGERS INC. Statement of Cash Flows For the Year Ended December 31, 2014 $ : $ $ Question Attempts: 0 of 3 used http://edugen.wiley.com/edugen/shared/assignment/test/qprint.uni 2/3 10/8/2016 Problem 129A Print by: OCTAVIO MATA ACC/291 50428554 / Assignment: Week 5 Assignment *Problem 129A Condensed financial data of Odgers Inc. follow. ODGERS INC. Comparative Balance Sheets December 31 Assets 2014 Cash 2013 $ 98,576 $ 59,048 Accounts receivable 107,116 46,360 Inventory 137,250 125,477 34,648 31,720 Longterm investments 168,360 132,980 Plant assets 347,700 295,850 Accumulated depreciation (61,000 ) (63,440 ) $832,650 $627,995 Prepaid expenses Total Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable $ 124,440 $ 82,106 20,130 25,620 Bonds payable 134,200 178,120 Common stock 268,400 213,500 Retained earnings 285,480 128,649 $832,650 $627,995 Total ODGERS INC. Income Statement Data For the Year Ended December 31, 2014 Sales revenue $473,921 Less: Cost of goods sold $165,261 Operating expenses, excluding depreciation 15,140 Depreciation expense 56,730 Income tax expense 33,282 Interest expense 5,771 Loss on disposal of plant assets 9,150 Net income 285,334 $ 188,587 Additional information: 1. New plant assets costing $122,000 were purchased for cash during the year. Old plant assets having an original cost of $70,150 and accumulated depreciation of 2. $59,170 were sold for $1,830 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $31,756 was declared and paid during the year. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a sign e.g. 15,000 or in parenthesis e.g. (15,000).) http://edugen.wiley.com/edugen/shared/assignment/test/qprint.uni 1/3 10/8/2016 Problem 129A ODGERS INC. Statement of Cash Flows For the Year Ended December 31, 2014 $ Adjustments to reconcile net income to $ $ Question Attempts: 0 of 3 used http://edugen.wiley.com/edugen/shared/assignment/test/qprint.uni 2/3