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please do all requirements if possible Question Help Canyon Cance Company's comparative balance sheet and additional data are shown below. Click the loon to view

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Question Help Canyon Cance Company's comparative balance sheet and additional data are shown below. Click the loon to view the comparative balance sheet) (Click the icon to view the donaldate Requirement Prepare the statement of cash flows for the year ended December 31, 2019, using the indirect method. Use a mus sign or parentheses for amounts that result in a decrease in the box is not need in the statement, leave the box emoty, do not select a label or enter) Canyon Cance Company Statement of Cash Flowe Year Ended December 21, 2018 Cash Flow From Operating Activities Net non Ads to Hecondi come to News Provided by used to best Act Choco Canyon Canoe Company Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets: Cash 523,693 $ 12.125 Short-term Investments, net 23.840 0 Accounts Receivable, net 2.422 7,600 355 0 Merchandise Inventory Office Supplies Prepaid Rent Property. Plant, and Equipment: 60 165 0 2.000 Land 155.000 85,000 Building Canoes 610,000 35.000 12.000 12,000 Office Furniture and Equipment 0 Accumulated Depreciation-PP&E 150.000 (35.180) (850) Total Assets 1,442,190 $ 153,040 Llablllties Current Labilities: 5,195 $ 3,050 745 295 700 325 4,250 1.250 15,000 0 Accounts Payable Utiltles Payable Telephone Payable Wages Payable Notes Payable Interest Payable Unearned Revenue Long-Term Liabilities: Notes Payable Mortgage Payable Bonds Payable 350 50 500 350 7.200 7.200 405,000 0 0 Discount on Bonds Payable Total Llabilities 210.000 (1.270) 0 647 670 12.520 Stockholders' Equity Paid-In Capital Preferred Stock 60,000 0 10.000 Paid-In Capital in Excess of Par-Preferred Common Stock Paid-In Capital in Excess of Par-Common 186,000 136.000 0 Retained Earnings Total Stockholders' Equity 150.000 388.520 4.520 794,520 140.520 Total Liabilities and Stockholders' Equity $ 1,442,190 $ 153,040 1. The income statement for 2019 included the following items: a. Net income, $417,000 b. Depreciation expense for the year, $34,330. C. Amortization on the bonds payable, $254. 2. There were no disposals of property, plant and equipment during the year. All acquisitions of PP&E were for cash except the land, which was acquired by issuing preferred stock. 3. The company issued bonds payable with a face value of $210,000, receiving cash of $208,476. 4. The company distributed 4,000 shares of common stock in a stock dividend when the market value was $4.50 per share. All other dividends were paid in cash 5. The common stock, except for the stock dividend, was issued for cash. 6. The cash receipt from the notes payable in 2019 is considered a financing activity because it does not relate to operations. Question Help Canyon Cance Company's comparative balance sheet and additional data are shown below. Click the loon to view the comparative balance sheet) (Click the icon to view the donaldate Requirement Prepare the statement of cash flows for the year ended December 31, 2019, using the indirect method. Use a mus sign or parentheses for amounts that result in a decrease in the box is not need in the statement, leave the box emoty, do not select a label or enter) Canyon Cance Company Statement of Cash Flowe Year Ended December 21, 2018 Cash Flow From Operating Activities Net non Ads to Hecondi come to News Provided by used to best Act Choco Canyon Canoe Company Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets: Cash 523,693 $ 12.125 Short-term Investments, net 23.840 0 Accounts Receivable, net 2.422 7,600 355 0 Merchandise Inventory Office Supplies Prepaid Rent Property. Plant, and Equipment: 60 165 0 2.000 Land 155.000 85,000 Building Canoes 610,000 35.000 12.000 12,000 Office Furniture and Equipment 0 Accumulated Depreciation-PP&E 150.000 (35.180) (850) Total Assets 1,442,190 $ 153,040 Llablllties Current Labilities: 5,195 $ 3,050 745 295 700 325 4,250 1.250 15,000 0 Accounts Payable Utiltles Payable Telephone Payable Wages Payable Notes Payable Interest Payable Unearned Revenue Long-Term Liabilities: Notes Payable Mortgage Payable Bonds Payable 350 50 500 350 7.200 7.200 405,000 0 0 Discount on Bonds Payable Total Llabilities 210.000 (1.270) 0 647 670 12.520 Stockholders' Equity Paid-In Capital Preferred Stock 60,000 0 10.000 Paid-In Capital in Excess of Par-Preferred Common Stock Paid-In Capital in Excess of Par-Common 186,000 136.000 0 Retained Earnings Total Stockholders' Equity 150.000 388.520 4.520 794,520 140.520 Total Liabilities and Stockholders' Equity $ 1,442,190 $ 153,040 1. The income statement for 2019 included the following items: a. Net income, $417,000 b. Depreciation expense for the year, $34,330. C. Amortization on the bonds payable, $254. 2. There were no disposals of property, plant and equipment during the year. All acquisitions of PP&E were for cash except the land, which was acquired by issuing preferred stock. 3. The company issued bonds payable with a face value of $210,000, receiving cash of $208,476. 4. The company distributed 4,000 shares of common stock in a stock dividend when the market value was $4.50 per share. All other dividends were paid in cash 5. The common stock, except for the stock dividend, was issued for cash. 6. The cash receipt from the notes payable in 2019 is considered a financing activity because it does not relate to operations

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