please answer the question correct and values should be clear to because in phone i can not see the values clear
at 10 - Chapter 13 Question 5 of 7 2.8 The comparative statement of financial position for Carla Vista Retailers Ltd. follows: CARLA VISTARETAILERS LTD. Statement of Financial Position December 31 Assets 2021 2020 Cash $ 19.000 52.000 80,000 Accounts receivable 225.000 171.000 Inventory 129.000 162.000 Furniture 133,000 (45,000) Accumulated depreciation $ 401,000 $ 359,000 Total assets Liabilities and Shareholders' Equity 0 7.000 Bankoverdraft C Question 5 of 7 2.89/10 Bank overdraft 7,000 $ 0 Accounts payable 73,000 49.000 Bank loan payable (noncurrent) 89,000 102,000 Common shares 53,000 63,000 Retained earnings 179.000 145,000 Total liabilities and shareholders' equity $ 401.000 $ 359,000 Additional information regarding 2021: 1. Net income was $39.000. 2. Depreciation expense was $17.000, 3. During the year, the company did not receive any new bank loans. During the year, the company did not purchase furniture but did sell some furniture for $8.000, which resulted in a gain on disposal of $4,000. 4. O BE -ch Question 5 of 7 2.89/10 4. During the year, the company did not purchase furniture but did sell some furniture for $8,000, which resulted in a gain on disposal of $4,000 5. No common shares were issued during the year but some were repurchased at the cost at which they were originally issued. 6. During the year, the company paid all dividends declared. (a) Prepare a statement of cash flows using the indirect method for 2021. (Show amounts that decrease cash flow with either o- signes. -15,000 or in parenthesis eg. (15,000).) CARLA VISTA RETAILERS LTD. Statement of Cash Flows v Year Ended December 31, 2021 Cash flows from operating activities Net income o earch Question 5 of 7 2.89/10 Net income Adjustments to reconcile net income to Net cash provided by operating activities Depreciation expense $ 46400 Loss on disposal of furniture 3600 Increase in accounts receivable -35000 28200 Increase in accounts payable 9200 Decrease in prepaid expenses Net cash provided by operating activities O arch Morkaushaidh Counse Home uestion 5 of 7 2.89 / 10 Decrease in prepaid expenses 9200 Net cash provided by operatine activities Cash flows from investing activities 122000 Purchase of furniture Net cash used by investing activities Cash flows from financing activities 99200 Repayment of bank loan O 1 York Hel... question Spunbot.com - Artic M Inbox kaushaidh hapter 13 Course Home Puestion 5 of 7 2.89/10 Repayment of bank loan $ -89200 Issue of common shares 43000 Payment of cash dividends -121160 Net cash used by financing activities enter a total amount for section three Net increase in cash III e Textbook and Media