Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions 2 Assets 3 Cash $626,170.00 $585,760.00 Accounts receivable (net) 227,840.00 208,880.00 5 Inventories 641,390.00 616,790.00 6 Investments 0.00 240,820.00 7 Land 327,380.00 0.00 & Equipment 704,290.00 9 Accumulated depreciation equipment (167,160.00) $2,359,910.00 554,020.00 (148,930.00) $2,057,340.00 50 Total assets 11 Liabilities and Stockholders' Equity 12 Accounts payable (merchandise creditors) $424,670.00 5404,080.00 52,050.00 43,080.00 13 Accrued expenses payable operating expenses) 34 Dividends payable 15 Common stock 54 par 24920.00 19,300.00 140,000.00 16 Paid-in capital:Excess of issue price over par-common stock 417,400.00 102,000.00 280,600.00 1.199,310.00 17 Retained earnings 1,309,840.00 $2,359,910.00 Total liabilities and stockholders' equity $2,057,340.00 All work saved. C G Search or type URL & atement of cash flows Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions Statement of Cash Flows For the Year Ended December 31, 20Y3 1 Cash flows from operating activities: 2 Net income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation 4 5 Gain on sale of investments Changes in current operating assets and liabilities: Increase in accounts receivable 7 3 Increase in inventories 9 10 Increase in accounts payable Decrease in accrued expenses payable Net cash flow from operating activities 12 13 Cash flows from investing activities: 34 Cash received from sale of investments 15 Cash paid for purchase of land Cash paid for purchase of equipment 16 All work saved. G Search or type URL 4 5 6 7 8 9 Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions Statement of Cash Flows 30 Decrease in accrued expenses payable 11 Net cash flow from operating activities 12 14 13 Cash flows from investing activities: Cash received from sale of investments 15 Cash paid for purchase of land 16 Cash paid for purchase of equipment Net cash flow used for investing activities 18 19 Cash flows from financing activities: 20 Cash received from sale of common stock 21 Cash paid for dividends 22 Net cash flow from financing activities 25 Change in cash 24 Cash at the beginning of the year 25 Cash at the end of the year All work saved. G Search or type URL & 7 4 6. 8 Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions 2 Assets 3 Cash $626,170.00 $585,760.00 Accounts receivable (net) 227,840.00 208,880.00 5 Inventories 641,390.00 616,790.00 6 Investments 0.00 240,820.00 7 Land 327,380.00 0.00 & Equipment 704,290.00 9 Accumulated depreciation equipment (167,160.00) $2,359,910.00 554,020.00 (148,930.00) $2,057,340.00 50 Total assets 11 Liabilities and Stockholders' Equity 12 Accounts payable (merchandise creditors) $424,670.00 5404,080.00 52,050.00 43,080.00 13 Accrued expenses payable operating expenses) 34 Dividends payable 15 Common stock 54 par 24920.00 19,300.00 140,000.00 16 Paid-in capital:Excess of issue price over par-common stock 417,400.00 102,000.00 280,600.00 1.199,310.00 17 Retained earnings 1,309,840.00 $2,359,910.00 Total liabilities and stockholders' equity $2,057,340.00 All work saved. C G Search or type URL & atement of cash flows Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions Statement of Cash Flows For the Year Ended December 31, 20Y3 1 Cash flows from operating activities: 2 Net income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation 4 5 Gain on sale of investments Changes in current operating assets and liabilities: Increase in accounts receivable 7 3 Increase in inventories 9 10 Increase in accounts payable Decrease in accrued expenses payable Net cash flow from operating activities 12 13 Cash flows from investing activities: 34 Cash received from sale of investments 15 Cash paid for purchase of land Cash paid for purchase of equipment 16 All work saved. G Search or type URL 4 5 6 7 8 9 Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions Statement of Cash Flows 30 Decrease in accrued expenses payable 11 Net cash flow from operating activities 12 14 13 Cash flows from investing activities: Cash received from sale of investments 15 Cash paid for purchase of land 16 Cash paid for purchase of equipment Net cash flow used for investing activities 18 19 Cash flows from financing activities: 20 Cash received from sale of common stock 21 Cash paid for dividends 22 Net cash flow from financing activities 25 Change in cash 24 Cash at the beginning of the year 25 Cash at the end of the year All work saved. G Search or type URL & 7 4 6. 8