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Longevestments were sold for $150 million, which included a gain of 570 million Required Using the above financial data for the Lincoln Corporation, prepare the

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Longevestments were sold for $150 million, which included a gain of 570 million Required Using the above financial data for the Lincoln Corporation, prepare the firm's statement of cash flow for 2020 using the indirect method. What does the company's statement of cash flow reveal about the business's financial health? Statement of Cash Flow, Presented below are the consolidated financial statements of The Brattle Corpora- tion as of year-end 2020 and 2019. THE BRATTLE CORPORATION Consolidated Balance Sheets As of Year-End (s thousands) 2019 TAS CHEC FIGUR 2020 $ 450,000 990.000 695.000 100,000 Assets Current assets Cash Accounts receivable (net) Inventory Prepaid expenses. Total current assets Investments in affiliate companies Property and equipment Less: Accumulated depreciation Property & equipment (net). Total assets $ 250,000 760.000 400,000 100.000 1,510,000 2,235,000 100,000 1,310,000 (110,000) 1.200,000 $3.535.000 800,000 (80.000 720.000 $2.230.000 Chapter Statement of Cash Flow Presented below are the 2020 $ 500,000 220,000 720,000 Lab & Shareholders Egy $570,000 200.000 70.000 840,000 500.000 1.340.000 720.000 Aca Audrey Note de inte 200,000 1,160,000 150.000 1.510.000 $2.230.000 330.000 1.200.000 665,000 2. 195.000 $3,535,000 Shareholders equity Common ak para Randeaming Total shareholders To be shareholders equity THE BRATTLE CORPORATION Consolidated Income Statement For Year Ended 2020 2019 (5 thousands Sales Cost of goods sold Gross margin Selling & administrative expenses Depreciation expense Income tax expense Not Income $16.820.000 14.015.000 2.805.000 1.930.000 30.000 240,000 S605,000 $12.000.000 10.400.000 1.600.000 1,048.000 20.000 Required Using the above financial data, prepare the cast of cash flow for 2000 using the indirect does the company's statement of cash flow reveal about the basis financial al P3.24 K Assets Current Asset Cash and cash equivalents Merchandise inventory Accounts receivable (not) O current set

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