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please helpp! USE THE DATA IN THE TABLE BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS LebroJames, Inc. Balance Sheets for the Years Ending December 31,
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USE THE DATA IN THE TABLE BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS LebroJames, Inc. Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Cash Accounts receivable Inventory Total current assets Gross fixed assets (Accumulated depreciation) Net fixed assets Land Total assets Year 1 13.094 78.564 124,393 216.051 510,666 (98,205) 412.461 26.188 654.700 Year 2 14.070 77.385 140.700 232,155 548.730 (105,525) 443.205 28.140 703,500 Notes payable Accounts payable Accruals Current portion of LT Debt Total current liabilities Long-term debt Common stock Paid in capital Retained earnings Total liabilities and equity 19.641 58.923 6.547 45.829 130.940 144,034 117.846 32.735 229.145 654,700 14.070 56.280 21.105 56,280 147,735 147.735 126.630 35,175 246.225 703,500 Additional Data from Company Income Statement(s); Sales in Year 2 1,407,000 Net income in Year 2 21,105 * No long-term assets were sold in either 2020 or 2021 34. What did LebroJames, Inc. report as Net Cash Flow from Operating Activities for Year 2? 35. What did LebroJames, Inc. report as Net Cash Flow from Investing Activities for Year 2! 36. What did LebroJames, Inc. report as Net Cash Flow from Financing Activities for Year 2Step by Step Solution
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