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Please create a statement of cash flows: one direct, and one indirect, for the following data: Gopher Manufacturin Com an Income Statement for the period
Please create a statement of cash flows: one direct, and one indirect, for the following data:
Gopher Manufacturin Com an Income Statement for the period ended December 31 Revenues and Gains sales sales discounts and retums Sales Net Cost of good sold Gross Profit Opperating Expenses Depriciation and Amortization Insurance expense Utilities Expense Supplies Expense Rent Expense General Payrol Expense Bad Debt Expense Total OpperatingExpense Income From Opperations Other Expenses and (Revanues) Interest revanue loss on Dispo of E t. Interest expense Total OtherExpenses Net Income current 24,000,000 -18,000 836,500 12,800 707,000 45,000 24,000 12,265 -19000 8000 706,655 ear 23982000 14,200,000 9,782,000 6,643,565 3, 138,435 695655 2,442,780 Assets Current Assets current ear 12,711,839 AP9,265) 72,000 19,200 2,450,000 N42,500) 15,000 $37,491 ,274 120,000 44,000 49,969,274 or ear 10,945,689 (126,000 3,200 2,450,000 18,000 H825,ooo 940,000 H210,ooo 120,000 20,000 Equities Current Liabilities 104 108 112 114 116 16x 120 124 128 132 146 148 48x 160 164 64x Cash In Bank Accounts Receivable Allowance for Bad Debt Prepaid Rent Prepaid Insurance Patents & Trademarks Accuumulated Amort - Patents Supplies Inventory Raw Materials Inventow Work in Process Finished Goods Inventory_ Total Current Assets Noncurrent Assets Land Buildings Acc. Depreciation - Buildings Machinery & Equipment Acc. Depreciation - M&E Automobiles & Trucks Acc. Depreciation - Autos & Trucks Total Non-current Assets TOTAL ASSETS 200 204 208 212 216 224 228 Accounts Payable Accrued General Payroll Accrued Factory#yroll Notes Payable Payments in Advance Liability Dividends Payable Utilities Payable Total Current Liabilities Long Term Liabilities 250 Mortgages Total Long Term Liabilities Total Liabilities Stockholders' Equity 300 304 308 Common Stock at $0.50 Par Additional Paid in Capital Retained Earnings Total Stockholders' Equity TOTAL LIABILITIES AND S.H. EQUITY current ear 10,394,000 6,000 4,000 24,000 2,520,000 30,000 8,080,213 22,083 213 49 969 274 nor ear 10,194,000 5,000 7,000 23,000 10 229,000 11,963,281 26,963,281 37 192 281
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