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III. The income statement of Barton Creek Corp. is presented here. Barton Creek Corp. Income Statement For the Year Ended November 30, 2022 $7,511,400 Sales

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III. The income statement of Barton Creek Corp. is presented here. Barton Creek Corp. Income Statement For the Year Ended November 30, 2022 $7,511,400 Sales revenue Cost of goods sold Beginning inventory Purchases Goods available for sale Ending inventory Total cost of goods sold Gross profit Operating expenses Selling expenses Administrative expenses Net income $1,897,000 4,328,700 $6,225,700 1,627,300 ol $4,598,400 $2,913,000 447,600 713 900 1,161,500 $1,751,500 Additional information: a. Accounts receivable decreased $374,800 during the year, and inventory decreased $269,700. b. Prepaid expenses increased $147,300 during the year. c. Accounts payable to suppliers of merchandise decreased $343,200 during the year. d. Accrued expenses payable decreased $101,300 during the year. e. Administrative expenses include depreciation expense of $109,700. f. The company issued 1,000 shares of stock for the market price of $50 per share g. The company retired 10, $1,000 face value bonds at par. h The company purchased a production machine (PP&E) for 40,000. i. The company sold a piece of production machinery (PP&E) for $15,000 Cash. The machine was purchased for $30,000 and had total accumulated depreciation of S18,000 when sold j. Retained earnings increased by $1,200,000 k The November 30, 2021 balance sheet showed a cash balance of $1,000,000 1 The November 30, 2022 balance sheet showed a cash balance of $2,374,400 Prepare a statement of cash flows by filling in the statement below. All boxes require entries and you should have no empty boxes. You can put your calculations off to the side or below the statement Barton Creek Corp. Statement of Cash Flows For the Year Ended November 30, 2022 Cash from Operating activities Net income Total Adjustments Total cash provided by operating activities Cash from Investing Activities Total cash used by investing activities Cash from financing Activities Cash used by financing activities Net Cash Increase Cash at the beginning of the period Cash at the end of the period

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