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It will be great if you use a table for better understanding, I need to prepare the statement of cash flows but Im a bit

image text in transcribedIt will be great if you use a table for better understanding, I need to prepare the statement of cash flows but Im a bit confused. Thats all there is to the question

PREPARE THE WORKSHEET FOR THE STATEMENT OF CASH FLOWS (Optional) PREPARE THE STATEMENT OF CASH FLOWS (Required) ADDITIONAL INFORMATION Net Income for the year. 21,632 Depreciation expense. 5,000 Cash dividends declared and paid. 8,600 Cash received for equipment sold. 2,000 Original cost of equipment. 7,200 Loss on sale of equipment. 1,000 Additional equipment purchased for cash. 29,500 Investments were sold at cost.

Sheet1 Sheet2 Sheet3 BEGINNING BALANCES ADJUSTMENTS Debit ENDING BALANCES Credit DEBIT BALANCE ACCOUNTS CASH ACCOUNTS RECEIVABLE INVENTORY INVESTMENTS PLANT ASSETS 6,680 7,400 20,530 21,400 41.000 97,010 18,720 12,640 24,900 15.900 63,600 135,760 ADDITIONAL INFORMATION Net Income for the year Depreciation expense Cash dividends declared and paid Cash received for equipment sold Original cost of equipment Loss on sale of equipment Additional equipment purchased for cash Investments were sold at cost. CREDIT BALANCE ACCOUNTS ACCUMULATED DEPRECIATION ACCOUNTS PAYABLE ACCRUED EXPENSES PAYABLE BONDS PAYABLE COMMON STOCK RETAINED EARNINGS 8,000 9,656 3,766 14,000 40.000 21.588 97,010 8,800 11,320 3,020 28.000 50,000 34.620 135,760 STATEMENT OF CASH FLOW EFFECTS OPERATING ACTIVITIES WOODVILLE INC. STATEMENT OF CASH FLO WOODVILLE INC. . Statement of Cash Flows For the year ended December 31, 20xx INVESTING ACTIVITIES FINANCING ACTIVITIES Totals Change in cash Totals

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