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Please answer correctly organizaed and in full and i wil provide a thumbs up in return thank you The following are the financial statements of

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The following are the financial statements of Nosker Company. 2019 NOSKER COMPANY Comparative Balance Sheets December 31 Assets 2020 Cash $35,250 Accounts receivable 32,050 Inventory 26,200 Equipment 59,050 Accumulated depreciation-equipment (29,200) Total $123,350 $20,150 19,700 20,700 77,900 (23,750) $114,700 Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total $28,650 7,450 26,600 18,550 42.100 $123,350 $ 16,700 8,100 32,050 14,250 43,600 $114,700 NOSKER COMPANY Income Statement For the Year Ended December 31, 2020 Sales revenue $241,750 Cost of goods sold 175,450 NOSKER COMPANY Income Statement For the Year Ended December 31, 2020 Sales revenue $241,750 Cost of goods sold 175,450 Gross profit 66,300 Operating expenses 24,850 Income from operations 41,450 Interest expense 2,650 Income before income taxes 38,800 Income tax expense 8,600 Net income $30,200 Additional data: 1. 2. Dividends declared and paid were $31,700. During the year, equipment was sold for $8,350 cash. This equipment cost $18,850 originally and had a book value of $8,350 at the time of sale. All depreciation expense, $15,950, is in the operating expenses. All sales and purchases are on account. 3. 4. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis es. (15,000).) NOSKER COMPANY Statement of Cash Flows For the Year Ended December 31, 2020 December 31, 2020 For the Month Ended December 31, 2020 $ Adjustments to reconcile net income to Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-s -15,000 or in parenthesis eg. (15,000).) NOSKER COMPANY Statement of Cash Flows $ Adjustments to reconcile net income to $ Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash Used by Financing Activities Net Cash Used by Investing Activities Net Cash Used by Operating Activities Net Decrease in Cash Net Increase in Cash

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