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I need the answer as soon as possible please Theo 20x8 $12.000 195.000 393.000 91,000 950.000 $1652,000 Statement of Financial Position As of 31 December

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Theo 20x8 $12.000 195.000 393.000 91,000 950.000 $1652,000 Statement of Financial Position As of 31 December 20x9 Debits Cash $ 21000 Accounts receivable 296,000 Inventory 362.000 Long-term investments Property, plant, and equipment 1196.000 Total debits $1.875,000 Credits Accumulated depreciation $ 470,000 Accounts payable 154,500 Interest payable 16,500 Deferred tax 71.000 Bonds payable 350.000 Common shares 480,000 Retained earnings 333,000 Total credits $1.875,000 Statement of Comprehensive Income Year ended 31 December 20X9 Sales Cost of goods sold Depreciation expense Remaining expenses Loss on sale of operating assets Gain on sale of investments Net earnings and comprehensive income Analysis of selected accounts and transactions: 2 Sold plant assets for cash; cost, S252,000; two-thirds depreciated. b. Purchased plant assets for cash. c. Purchased plant assets and exchanged unissued bonds payable of S190,000 in payment d. Sold the long-term investments for cash. Retired bonds payable at maturity date by issuing common shares. $65,000. f. Other changes in asset, liability, and equity accounts flow from logical sources. $ 576,000 191,500 13,500 47.000 180,000 250,000 394,000 $1652,000 $2.457.000 (1,689,000) 000) (572,000) (9,000) 36,000 $ 161.000 285 Clapter 5 The Skutement of Cash Flows Required: 1. Prepare the SCF, using the two-step indirect method to present the operations section. Omit_separate disclosure of cash paid for interest and income tax in the operating activities section of the SCF. Include a list of non-cash transactions that would be presented in the disclosure notes. 2. Prepare the operating activities section of the SCF using the direct method. Ycel

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