Please give me FULL SOLUTIONS. I don't get accounting and sometimes it's hard. Don't just give me the answers otherwise I won't learn. For the "Increase in Accounts receivable" why do you have to subtract then put a negative sign. Like I really don't get it. P lease give me ALL the formulas and when you have to put the negative sign. Remember to give me FULL solutions + formulas (i already have the answers) Please please help me. Feel free to give me more examples

Breakwater Boats sells boating accessories. At the end of 2018, the income statement and comparative balance sheet were prepared as shown below. Breakwater Boats Balance Sheet As at November 30 2018 2017 Assets Current Assets Cash Accounts Receivable Merchandise Inventory Prepaid Expenses Total Current Assets Noncurrent Assets Land $142,580 $58,700 $84.700 $81,400 $216,000 $181,300 $11,100 $11,100 $454,380 $332,500 $0 $43,000 $338,000 $338,000 Equipment Less: Accumulated Depreciation Total Noncurrent Assets $-26,300 $-22,200 $311,700 $358,800 $766,080 5691,300 Total Assets Liabilities Current Liabilities Accounts Payable $52,200 $47,200 Notes Payable, Current Portion $6,300 $6,300 Total Current Liabilities $58,500 $53,500 Notes Payable, Long-Term Portion $56,700 $63,000 ssels Land $0 $43,000 Equipment $338,000 $338,000 Less: Accumulated Depreciation $-26,300 $-22,200 Total Noncurrent Assets $311,700 S358,800 Total Assets $766,080 5691,300 Liabilities Current Liabilities Accounts Payable $52,200 $47,200 Notes Payable, Current Portion $6,300 $6,300 Total Current Liabilities $58,500 $53,500 Notes Payable, Long-Term Portion $56,700 $63,000 Total Liabilities $115,200 $116,500 Stockholders' Equity Common Stock $136,000 $136,000 Retained Earnings $514,880 $438.800 Total Stockholders' Equity $650,880 $574,800 Total Liabilities and Equity $766,080 $691,300 Additional Information: During 2018, land was sold for a gain of $7,800. There was no purchase of equipment throughout the year. Breakwater Boats Income Statement For the Year Ended November 30, 2018 Sales $565,000 Cost of Goods Sold $339,000 Gross Profit $226,000 Operating Expenses Depreciation Expense $4,100 Other Operating Expenses $66,500 Total Operating Expenses $70.600 Income from Operations $155,400 Other Income and Expenses Gain on Sale of Land $7,800 Income before Income Tax $163,200 Income Tax $57,120 Net Income $106,080 Breakwater Boats Cash Flow Statement For the Year Ended November 30, 2018 Cash Flow from Operating Activities Net Income 106080 Adjustments to Reconcile Net Income to Cash Depreciation Expense 4100 Gain on Sale of Land 7800 Changes in Operating Assets and Liabilities Increase in Accounts Receivable -3300 Increase in Merchandise Inventory -34700 Increase in Accounts Payable 5000 X Net Cash Provided (Used) by Operating Activities Cash Flow from Investing Activities Sale of Land -7800 X Net Cash Provided (Used) by Investing Activities Cash Flow from Financing Activities Payment of Notes Payable Payment of Cash Dividend Net Cash Provided (Used) by Financing Activities -34700 Increase in Merchandise Inventory Increase in Accounts Payable 5000 Net Cash Provided (Used) by Operating Activities Cash Flow from Investing Activities Sale of Land -7800 x Net Cash Provided (Used) by Investing Activities Cash Flow from Financing Activities Payment of Notes Payable Payment of Cash Dividend Net Cash Provided (Used) by Financing Activities Net increase (decrease) in cash Cash at the Beginning of the Year Cash at the End of the Year