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LARKSPUR CORPORATION Comparative Balance Sheet Assets 2022 2021 Cash $47.700 $31.000 Accounts receivable Inet) 86,500 21400 64.000 17.900 Prepaid insurance 24,000 59.000 Land 76,500 69.000

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LARKSPUR CORPORATION Comparative Balance Sheet Assets 2022 2021 Cash $47.700 $31.000 Accounts receivable Inet) 86,500 21400 64.000 17.900 Prepaid insurance 24,000 59.000 Land 76,500 69.000 (22.000 (13.200) $234.100 $227,700 Equipment Accumulated depreciation Total assets Liabilities and Stockholder's Equity Accounts payable $10.500 $7.800 29.500 17.000 Bonds payable 145.000 116.000 Common stock 900 Retained earnings - 19.97 49.100 Total liabilities and stockholder's equity 56.900 5227.700 $234.100 Additional information: 1. 2 3 Netloss for 2022 is $14,000. Net sales for 2022 are $290.000 Cash dividends of $18.800 were declared and paid in 2022 Land was sold for cash at a loss of $3.500. This was the only and transaction during the year Equipment with a cost of $16,200 and accumulated depreciation of $11.000 was sold for $5.200 cash $12.300 of bonds were retired during the year at carrying (book) value. Equipment was acquired for common stock. The fair value of the stock at the time of the exchango was $29.000 4. 5 6. Prepare a statement of cash flows for the year ended December 31, 2022. using the indirect method. Show amounts that decrease cash flow with either a signes, -15.000 or in parenthesis es. (15,000). Do not leave any answer field blonk Enter for amounts) LARKSPUR CORPORATION Statement of Cash Flows LARKSPUR CORPORATION Statement of Cash Flows Adjustments to reconcile net income to

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