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Please help me! The income statement for the year ended December 31.20 203, is as follows: Instructions Labels and Amount Descriptions Statement of Cash Flows
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The income statement for the year ended December 31.20 203, is as follows: Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions Statoment of Cash Flows 2 Cashreceired from customess 3 Cash payments for inveotories + Deprecization $3,000,000.00 1 Croh payments for operating experses 4. Cach reccived tiom sale of inviturents (2.400,00000) 1 Canh flows from (uned for) investing activeties: 1. Carperyments for income taves 100,000000 14 Net coll flows from operating activites I1 Net cuh flows frem invesing activites 11 Cash gald for pucthere of equipment 5(125,000,00) 11 \begin{tabular}{|l|} \hline 1.500,000,00 \\ \hline 175,00000 \\ \hline \\ \hline \end{tabular} 14 Cash flows from (kved lor) francing xtivities: 11 Cali paid for purchase of land 14 Netconflom from impsing strvities. $75,000.00 if Nat cash floms tion imesing actraies Additional data obtained from an examination of the accounts in the lecger for 20%3 are as follows: a. The investments were soid for $175,000 cash b. Equipment and land were acquired for cash c. There were no disposals of equipment during the year. d. The common stock was issued for cash. 6. There was a $90,000 debat to Retained Eamings for cash dividends declared Required: The comparative balance sheet of Livers inc. for December 31,20Y3 and 20Y2, is as follows Step by Step Solution
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