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need help The income statement and additionat data of Breen Traver Products, Inc. follow: Cick the loon to view the insome statement) (i) (Cick the
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The income statement and additionat data of Breen Traver Products, Inc. follow: Cick the loon to view the insome statement) (i) (Cick the icoo so view the abdtonal dida) Requirements 1. Propare Bieen's statoment of cash fows for the year ended Decemoer 31, 2421, using me indiect metiod 2. Evaluate the companys cash fows for the year In your tevaluation, mention al three cabegodes of cath fows and give she rationsle for pour tvauaton. Requirement 1. Prepare Breen's atatement of cash flows for the year ended December 31, 20a1, uing the indroct method. a minus sign for numbers to be suberacted and for a net decrease in caah). Breen Travel Products, Inc. Income Statement Year Ended December 31, 2021 Revenues: Service revenue Dividend revenue Expenses: Cost of goods sold 98,000 Salary expense 59,000 Depreciation expense 27,000 Advertising expense 4,500 Interest expense 1,900 Income tax expense Net income $47,600205,40015,000 The income statement and additionat data of Breen Traver Products, Inc. follow: Cick the loon to view the insome statement) (i) (Cick the icoo so view the abdtonal dida) Requirements 1. Propare Bieen's statoment of cash fows for the year ended Decemoer 31, 2421, using me indiect metiod 2. Evaluate the companys cash fows for the year In your tevaluation, mention al three cabegodes of cath fows and give she rationsle for pour tvauaton. Requirement 1. Prepare Breen's atatement of cash flows for the year ended December 31, 20a1, uing the indroct method. a minus sign for numbers to be suberacted and for a net decrease in caah). Breen Travel Products, Inc. Income Statement Year Ended December 31, 2021 Revenues: Service revenue Dividend revenue Expenses: Cost of goods sold 98,000 Salary expense 59,000 Depreciation expense 27,000 Advertising expense 4,500 Interest expense 1,900 Income tax expense Net income $47,600205,40015,000 Step by Step Solution
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