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Please help with the statement of cash flows for year ended December 31, 2019. also the income statement and balance sheets arent completely correct. Calibri

Please help with the statement of cash flows for year ended December 31, 2019. also the income statement and balance sheets arent completely correct.
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Calibri A A 11 Wrap Text Paste Copy BIU A Format Painter E Merge & Center Clipboard Font Alignment B8 X ='Balance Sheet'!B7-'Balance Sheet'!C7 A AMAZING COMPANY 2 Statement of Cash Flows 3 Year Ended December 31, 2019 4 Cash Flows from Operating Activities: 5 Net income 6 Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activites: 7 Depreciation Expense S 8,000 55,000 8 Increase in Accounts receivable Decrease in Merchandise Inventory Decrease in Accounts Payable 29,000 10 600 Decrease in accured liablities Gain on disposal of plant assets 13 Net cash provided by operating activities: 14 Cash flow from investing activities Cash payment for acquisition of Plant assets Cash reciept from disposal of plant assets 17 Net cash used for investing activities 18 Cash flows from financing activties Cash reciept from issuance of notes payable 11 12 44,000 15 16 19 20 cash payment for notes payable cash receipt from issuance of common stock cash payment for purchase of treaseary stock cash payment of dividends 25 Net cash provided by financing activties 26 Net increase(decrease) in cash 27 Cash balance, December 31, 2018 28 Cash balance, December 31, 2019 21 22 23 24 29 Analysis Stock Stmt of Cash Flows Balance Sheet Instructions Income Statement Type here to search cWrap lext Custom te 4aCopy SFormat Painter a- A BIU E EMerge & Center $% Conditional format as Cell Formatting Table Styles Chipboard Font Alignment Number Styles fi 1 170000 A B D AMAZING COMPANY Adjusted Trial Balance 12/31/2019 2019 2018 Account Title Adjusted Trial Balance Post-Closing Trial Balance Debit Credit Debit Credit Cash 170,000 55,000 125,600 Accounts Receivable 35,000 Inventory Office Equipment Machinery & Tools Accumulated Depreciation Accounts Payable Salaries Payable Sales Tax Payable Note Payable-Long Term Common Stock, $10 par Retained Earnings Dividends Sales Revenue 29,000 15,600 53,000 47,000 21,000 59,000 24,000 16,000 12,200 12,800 1,200 1,300 10,000 15,500 33,000 240,000 10,000 160,000 28,600 28,600 10,000 240,000 Cost of Goods Sold Rent Expense Salaries Expense Insurance Expense Legal Fees Depreciation Expense Interest Expense 114,200 20,000 48,000 11,800 9,200 8,000 1,800 S 589,000 $ 589,000 $ 244,200 244,200 Instructions Income Statement Balance Sheet Stmt of Cash Flows Analysis Stock Investment Analysis Insert Home Draw Page Layout Formulas Data Review View Help O Search X Cut Calibri A A E 11 Copy ste Wrap Text General BIU A EE Merge & Center Format Painter $ -% Clipboard Font Alignment Num 2 fi B C D AMAZING COMPANY Balance Sheet December 31, 2019 Vert. Analysis Assets Current assets: Cash Accounts Recelvable 170,000 28.9 % 9.3 % 55,000 Inventory Total current assets 29,000 4,9% 254,000 o Long term assets: Office Equipment 9.0 % 10.0 % 53,000 Machinery & Tools Accumulated Depreciation 59,000 24,000 88,000 342,000 4.1% 0.0 % 0.0 % 5 Total Assets 6 7 Liabilites 8 Current Liabilties: Accounts Payable Salaries Payable 1 12,200 2.1 % 1,200 0.2 % 20 1.7 % 10,000 Sales Tax Payable 2 23,400 Total current liablitlies 23 Long term Liablities: 5.6 % 33,000 24 Note Payable-Long Term 9.6 % 56,400 25 Total Liabilties 26 Equity 27 28 Common Stock, $10 par 29 Retained Earnings 30 Total equity 40.7 % 4.9 % 240,000 28,600 45.6%) 268,600 $ 342,000 $ 325,000 31 Stock investment An Stmt of Cash Flows Analysis 22 Balance,Sheet Income Statement Instructions Type here to search

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