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NowBirth Company Comparative Balance sheet At December 31 2020 2019 Cash Accounts receivable Inventory Land Equipment Accumulated depreciation equipment Total assets $ 226,800 300,000 612,000
NowBirth Company Comparative Balance sheet At December 31 2020 2019 Cash Accounts receivable Inventory Land Equipment Accumulated depreciation equipment Total assets $ 226,800 300,000 612,000 270,000 972.000 (237.000) 52.140.200 $29.200 273.600 BADO 300.000 720.000 1116 2003 51.698.900 Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock Retained earnings Total abilities and stockholders' equity $140,400 540.000 777.600 601.200 52,140 200 $160,200 720.000 626 400 402 ADO $ 1 Additional information: 1. Net income for 2020 is $240,800 2 Cash dividends declared and paid during the year was $32,000 3. No equipment was sold during 2020, but land was sold at cost 12.140.200 51.00 Labs and Stockholders Accounts payable Bonds payable Common stock Retained naming Total liabilities and stockholders'equity 5140 400 540.000 5160200 720.000 625.400 482 400 50 691200 $ 2.149 200 Additional information 1. Net income for 2020 is $240,800. 2. Cush dividends declared and paid during the your was $32,000 3. No equpment was sold during 2020, but land was sold at coat INSTRUCTIONS: Prepare the statement of cash flows using the indirect method. Refer to the provided word bank for assistance with descriptions and labels. Amounts must be typed with where appropriate. If any negative amounts or amounts with negative impacts are determined they must be indicated using parentheses, ex (10,000) to Adjustments to
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