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In the Excel Template provided, you will nd the Balance Sheet of Marina Comp for December 3 1 , 2 0 1 3 . In

In the Excel Template provided, you will nd the Balance Sheet of Marina Comp for December 31,2013.
In addition to the information on the Balance Sheet, we are presented with the following additional data related to current year operations:
1. Net income for the year 2013, $66,000.
2. Depreciation on plant assets for the year, $12,700.
3. Sold the long-term investments for $28,000(assume gain or loss is ordinary).
4. Paid dividends of $25,000.
5. Purchased machinery costing $21,500, paid cash.
6. Purchased machinery and gave a $60,000 long-term note payable.
7. Paid a $40,000 long-term note payable by issuing common stock.
Using tab 2 in the Excel Template (2) Cash Flows Statement - prepare a statement of cash ows (using the indirect method) for 2013 for Marina Company. There
are a few answers inputted into the Statement to help get you started on the preparation
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