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its alot to answer but uts ine question please answer Alex Company reported the following information for 2020. Alex Company Comparative Balance Sheets December 31

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its alot to answer but uts ine question please answer
Alex Company reported the following information for 2020. Alex Company Comparative Balance Sheets December 31 Assets Cash Accounts receivable Inventory Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Totals 2020 2019 $64,000 $38,000 56,000 20,000 43,000 7,000 4,000 59,000 72,000 212,000 212,000 (21,000) (14,000) 168,000 64,000 (31,000) (10,420) $557,000 $385,580 Change Increase/Decrease $26,000 Increase 36,000 Increase 43,000 Increase 3,000 Increase 13,000 Decrease -0- 7,000 Increase 104,000 Increase 20,580 Increase Increase Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable Common stock ($1 par) $43,000 -0- 103,000 $41,000 11,000 153,000 57,000 $2,000 11,000 50,000 172,000 Decrease Decrease Increase 229.000 Common stock ($1 par) Retained earnings Totals 229,000 57,000 182,000 123,580 $557,000 $385,500 172,000 Increase 58,420 Increase Alex Company Income Statement For the Year Ended December 31, 2020 Sales revenue $927,000 Cost of goods sold $476,000 Operating expenses 234,000 Interest expense 12,000 Loss on disposal of plant assets 2,000 724,000 Income before income taxes 203,000 Income tax expense 59,000 Net income $144,000 Additional Informatii 1 Operating expenses include depreciation expense of 142,580 2 and was sold at its book value for cash 3 Cash dividends of $85,580 were declared and paid in 2020, Equipment with a cout of $157,000 was purchased for cash lopment with a cost 553,000 and a book value of 538,000 was sold for $36,000 can Donds of $50,000 were redeemed at their face value for cash 5 Common stock (51 par) of 5172,000 was issued for cash Use this information to Prepare a statement of cathrowing the Indirect method Show amounts that decrease cash flow with others. 15.000 or in parenthesis (15,000)) ALEX COMPANY Statement of Cash Flows-Indirect Method Asumants to conceito > >

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