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please write out all steps! Statement of Cash flow 593 Burgess Company Comparative Balance She dollars in million Ending Balance Assets Beginning Balance $ 49

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Statement of Cash flow 593 Burgess Company Comparative Balance She dollars in million Ending Balance Assets Beginning Balance $ 49 AS 1354 1.515 765 750 $2.104 $ 79 580 615 1.274 1465 641 825 32.099 Current assets Cash and cash equivalentes Accounts receivable Inventory Total current assets Property, plant, and equipment Loss accumulated depreciation Net property, plant, and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Income tax payable Total current liabilities Bonds payable Total liabilities Stockholders equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 250 190 26 516 450 966 $. 155 165 70 390 620 1,010 161 977 1,138 $2.04 and 161 928 1,099 $2.000 iation Burgess Company Income Statement (dollars in milions) Not sales Cost of goods sold Gross margin Selling and administrative expenses Net operating Income Nonoperating tems: Gain on sale of equipment Income before taxes Income taxes Net income $3.000 2.550 1,050 875 175 3 178 83 $ 115 dor to 2 4 The company did not complete any common stock transactions during the year. Required: curate balance sheet and a foruren Compren PROBLEM 12-12A Prepare a Santa Cash Flow -1.1012-11 $8 million. The cash proceeds from the sale were 58 million. The aim on the wale was $3 million The company did not issue any new bonds during the year Burgess also provided the following information: 3. The company paid a cash dividend during the year 1. Using the indirect method, prepare a statement of cash flows for the year

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