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please show work Exercise 5-17 Pearl Corporation's balance sheet at the end of 2019 included the following items. Current assets (Cash $82,000) $236,600 Current liabilities

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Exercise 5-17 Pearl Corporation's balance sheet at the end of 2019 included the following items. Current assets (Cash $82,000) $236,600 Current liabilities Land 32,700 Bonds payable Buildings 121,600 Common stock Equipment 92,700 Retained earnings Accum. depr.-buildings (31,600) Total Accum. depr.-equipment (11,000) Patents 41,600 Total $482,600 $151,600 101,600 182,700 46,700 $482,600 The following information is available for 2020. 1. 2. 3. 4. 5. 6. Net income was $59,140. Equipment (cost $21,600 and accumulated depreciation $9,600) was sold for $11,600. Depreciation expense was $5,600 on the building and $10,600 on equipment. Patent amortization was $2,500. Current assets other than cash increased by $29.000. Current liabilities increased by $14,600. An addition to the building was completed at a cost of $28,600. A long-term investment in stock was purchased for $16,000. Bonds payable of $52,700 were issued. Cash dividends of $30,000 were declared and paid. Treasury stock was purchased at a cost of $11,000. 7. 8. 9. 10. Prepare a statement of cash flows for 2020. (Show amounts that decrease cash flow with either a sign e.g. PEARL CORPORATION Statement of Cash Flows CALCUL Prepare a statement of cash flows for 2020. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 PEARL CORPORATION Statement of Cash Flows Adjustments to reconcile net income to $ V V CALCUL 1 LINK TO TEXT LINK TO TEXT Prepare a balance sheet at December 31, 2020. (Show only totals for current assets and current liabilities.) (List Property, PI and Equipment.) PEARL CORPORATION Balance Sheet Assets Prepare a balance sheet at December 31, 2020. (Show only totals for current assets and current liabilities.) (List Property, Planta and Equipment.) PEARL CORPORATION Balance Sheet Assets $ Liabilities and Stockholders' Equity $

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