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please how do I prepare a starement of cash flow Question 5 [35 points] Following are Calaho Inc.'s income statement and balance sheet on its
please how do I prepare a starement of cash flow
Question 5 [35 points] Following are Calaho Inc.'s income statement and balance sheet on its August 31, 2015 year end. Analysis of the accounts show. a. A portion of the HTM investment was so at par for $3,900 cash b. Land valued at $16,000 was acquired in exchange for common shares c. Bonds were sued face value for $1,700 cash d. Cash dividends were declared and paid, 0.3.400 common shares were issued for cash per share Furniture was sold for $2.500 cash The HFT Investments listed are not readly convertible to cash but will be traded within 12 months. An additional $1,600 of these investments were purchased in 2016, Complete a statement of ch how using the Indirect method. Assume that werest in treated as an operating activity and dividends paid as a fnancing activity. For simploty, or the requirement report non-cash transactions as a supplemental disclosure. Please make sure your final answer(s) are accurate to 2 decimal places. $32,300 Bales Expenses Cost of goods sold Interest expense Depreciation sapense Amortization expense, copyright Net loss 15200 5.500 9.500 2,300 32,500 $200 Callaoine balance She Aug 31, 2015 1 2014 Cash $47,700 $11,100 Accounts receivable.net 22,300 20,300 Inventory 26,200 27000 Investments (held for trading) 11.400 9.800 Land 15,000 0 Property, plant, equipment.net 17.000 29,000 Copyright, net 9.800 12.100 HTM investments 4.800 8.700 Total assets $154,200 $118.000 Accounts payable $18.200 $16,700 26.400 26.400 CS Scanned with CamScanner Bonto For the Year End $32,300 Sales Expenses Cost of goods sold Interest expenso Depreciation expense Amortization expense, copyright Net loss 15,200 5,500 9,500 2,300 32,500 $200 Callaha Inc Balance Sheet IIIII | - + Cash Accounts receivable, net Inventory Investments (held for trading). Land Property, plant, equipment, net Copyright, net HTM investments Total assets Accounts payable Notes payable Unearned revenue Bonds payable Common shares Retained earnings Total liabilities and shareholders' equity Aug 31, 2015 Aug 31, 2014 $47,700 $11,100 22,300 20,300 26,200 27,000 11,400 9,800 15,000 0 17,000 29,000 9,800 12,100 4,800 8,700 $154,200 $118,000 $18,200 $16.700 26,400 26,400 13,800 14,300 45,500 43,800 48,300 12,900 2,000 3,900 $154,200 $118,000 ds Scanned with Cams Question 6 [20 points) Step by Step Solution
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