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Missing amounts from financial statements The financial statements at the end of Wolverine Realty's first month of operations are as follows: By analyzing the interrelationships
Missing amounts from financial statements The financial statements at the end of Wolverine Realty's first month of operations are as follows: By analyzing the interrelationships among the four financial statements, determine the proper amounts for the missing items. Use the minus sign to indicate cash outflows, cash payments, and decreases in cash in the Statement of Cash Flows. Dividends Balances, April 30, 20Y0 Wolverine Realty Balance Sheet April 30, 20 YO Assets Cash Supplies Land Total assets Liabilities Accounts payable Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{r} $462,500 \\ 12,500 \\ 150,000 \\ \hline$ \\ \hline \end{tabular} $100,000 Wolverine Realty Statement of Cash Flows For the Month Ended April 30, 20 Yo Cash flows from (used for) operating activities: Cash received from customers Cash paid for expenses and to creditors (387,500) Net cash flows from operating activities Cash flows from (used for) investing activities: Cash paid for land Cash flows from (used for) financing activities: Cash received from issuing common stock Cash paid for dividends Net cash flows from financing activities Net increase (decrease) in cash Cash balance, April 1, 20 Y0 Cash balance, April 30, 20 Y0
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