> Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION TIHER Z 8 3 10 2 Question 21 A comparative balance sheet for Halpern Corporation is presented below: HALPERN CORPORATION Comparative Balance Sheet 2020 2019 Assets Cash $36,000 $31,000 Accounts receivable (net) 70,000 60,000 Prepaid insurance 25,000 17,000 Land 18,000 40,000 Equipment 70,000 60,000 Accumulated depreciation (20,000) (13,000) Total assets $199,000 $195,000 Liabilities and Stockholder's Equity Accounts payable $11,000 $6,000 Bonds payable 27,000 19,000 Common stock 140,000 115,000 Retained earnings 21,000 55,000 Total liabilities and stockholders' equity $199,000 $195,000 Additional information: 1. Net loss for 2020 is $20,000. (1).xlsx raises (2).xlsx hw.lookup1 (3).xlsx addresses (1) (4).xlsx n Assignment BACK CALCULATOR NE PRINTER VERSION FULL SCREEN Additional information: 1. Net loss for 2020 is $20,000. 2. Cash dividends of $14,000 were declared and paid in 2020 3. Land was sold for cash at a loss of $4,000. This was the only land transaction during the year. 4. Equipment with a cost of $15,000 and accumulated depreciation of $10,000 was sold for $5,000 cash. 5. $22,000 of bonds were retired during the year at carrying (book) value. 6. Equipment was acquired for common stock. The fair value of the stock at the time of the exchange was $25,000. Prepare a statement of cash flows for the year ended 2020, using the Indirect method. (Show amounts that decrease cash flow either a - sign e.g. - 15,000 or in parenthesis o.g. (15,000).) HALPERN CORPORATION Statement of Cash Flows For the Year Ended December 31, 2020 Adjustments to reconcle net income to Assignment > Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION THER Adjustments to reconcile net income to Question 4 Questions Questions Questionz Questions Question Question 10 Question 11 Question 12 Question 13 Question 14 Question 15 Question 16 Question 12 Question 18 Question 19 Question 20 Question Question 22 Question Question 24 Questions Question 26 Question 22 Question 20 Question 29 Review Score raises (2) (1).xlsx addresses (1) (4).xlsx hw.lookup1 (3) XIX raises (2).xlsx Assignment > Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION BAC TIRER Question Question 4 Questo Questions Question Question Question Question 10 Question 11 Question 12 Question 13 Question Question 15 Questions Question 12 Question 10 Question 19 Question 20 Question 22 Question 23 Question 24 Question 25 Question 26 Question 22 Question 21 Question 29 Question Attempts: 0 of 1 used SAVE POR LATER