Monopoly Corporation

Comparative Balance Sheet

December $31$

Monopoly Corporation

Income Statement

Year Ended December $31$

Sales

Expenses

Cost of goods sold

Selling, general, and administrative expenses

Depreciation expense

Interest expense

Income taxes

Net income

$$477,500$

$425,000$

$$52,500$

Required: using the information above, prepare a Statement of Cash Flows for Monopoly Corporation