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Need help with a Cash Flow Statement. Using the data from the May-June column. Please see attached. Use the column based upon this course start

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Need help with a Cash Flow Statement.

Using the data from the May-June column. Please see attached.

image text in transcribed
Use the column based upon this course start date Use the following information and prepare a Statement of Cash Flows in good form Jan-Feb Mar-Apr Net Income 57000 Depreciation 20000 Purchased fixed assets paying cash 310000 Received $90,000 cash for issuance of notes payable 90000 Received $120,000 cash for issuance of common stock 120000 Paid $20,000 for purchase of treasury stock 20000 Ending cash balance 50000 Class Start Date Assets Current assets: Cash Accounts receivable Inventory Long-term assets Plant assets Accumulated depreciation Total Assets Jan-Feb 2017 2016 Mar-Apr 2017 50000 75000 100000 20000 85000 80000 65000 75000 100000 430000 12000 667000 120000 9000 314000 430000 12000 682000 Liabilities Current liabilities Accounts payable Accrued liabilities Long-term liabilities Notes payable Total liabilities 32000 86000 20000 15000 32000 86000 90000 208000 0 35000 90000 208000 Stockholders equity Common stock Retained earnings Treasury stock Total stockholders equity Total stockholders equity and liabilities 220000 219000 20000 459000 667000 100000 179000 0 279000 314000 220000 219000 20000 459000 667000 Mar-Apr May-Jun 77000 30000 310000 90000 120000 20000 80000 87000 35000 310000 90000 120000 20000 95000 Sept-Oct 97000 40000 310000 90000 120000 20000 110000 May-Jun 2017 2016 Jul-Aug 2017 2016 Sept-Oct 2017 2016 67000 25000 310000 90000 120000 20000 65000 Mar-Apr 2016 Jul-Aug 20000 110000 85000 75000 80000 100000 Nov-Dec 107000 45000 310000 90000 120000 20000 125000 Nov-Dec 2017 2016 20000 85000 80000 80000 75000 100000 20000 85000 80000 95000 75000 100000 20000 125000 85000 75000 80000 100000 20000 85000 80000 120000 9000 314000 430000 12000 697000 120000 9000 314000 430000 12000 712000 120000 9000 314000 430000 12000 727000 120000 9000 314000 430000 12000 742000 120000 9000 314000 20000 15000 32000 86000 20000 15000 32000 86000 20000 15000 32000 86000 20000 15000 32000 86000 20000 15000 0 35000 90000 208000 0 35000 90000 208000 0 35000 90000 208000 0 35000 90000 208000 0 35000 100000 179000 0 279000 314000 220000 219000 20000 459000 667000 100000 179000 0 279000 314000 220000 219000 20000 459000 667000 100000 179000 0 279000 314000 220000 219000 20000 459000 667000 100000 179000 0 279000 314000 220000 219000 20000 459000 667000 100000 179000 0 279000 314000

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