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please show entire statement of cashflow ES Lisa, Inc. has prepared the following comparative balance sheets for 2020 and 2021: ly 2021 2020 Cash $

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image text in transcribed please show entire statement of cashflow
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ES Lisa, Inc. has prepared the following comparative balance sheets for 2020 and 2021: ly 2021 2020 Cash $ 321,480 $ 174,420 Accounts receivable 158,460 133,380 Inventory 171,000 205,200 Prepaid expenses 20,520 30,780 Plant assets 1,476,300 1,197,000 Accumulated depreciation (513,000) (427,500) Patents 174,420 198,360 $1,809,180 $1,511,640 Accounts payable $ 174,420 $ 191,520 Accrued liabilities 68,400 47,880 Martgage payable 513,000 Preferred stock 598,500 Additional paid-in capital--preferred 136,800 Common stock 684,000 684,000 Retained earnings 147,060 75,240 $1,809,180 $1,511,640 1. The Accumulated Depreciation account has been credited only for the depreciation expense for the period. 2. The Retained Earnings account has been charged for dividends of $157,320 and credited for the net income for the year. The income statement for 2021 is as follows: Sales revenue $2,257,200 Cost of sales 1,241,460 Gross profit 1,015,740 Operating expenses 786,600 Net income $ 229.140 R S Kieso Intermediate Accounting, 17e ment TIMER From the information above, prepare a statement of cash flows (indirect method) for Lisa, Inc. for the year ended December 31, 2021. (Show ame Lisa, Inc. Statement of Cash Flows Increase (Decrease) in Cash Adjustments to reconcile net income to y Policy 1 2000-2020 John Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc. From the information above, prepare a schedule of cash provided by operating activities using the direct method. Lisa, Inc. Schedule of Cash Provided by Operating Activities

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