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plz i want this ASAP please Marlett Company Financial Information December December 2020 2021 Net Income $2,000 $4,000 Accounts receivable 750 1,250 Accumulated depreciation Common
plz i want this ASAP please
Marlett Company Financial Information December December 2020 2021 Net Income $2,000 $4,000 Accounts receivable 750 1,250 Accumulated depreciation Common stock at par 1,000 1,400 4,500 5500 Additional paid-in excess of par 7,500 8500 Retained earnings 1,500 3,500 Accounts payable 750 950 Based on the information above: 1) Prepare a statement of cash flows for 2021. Assume that there were no changes in any other asset or liability accounts and that the ending cash balance for 2020 was $100. 2) Calculate the ending cash balance for the year 2021Step by Step Solution
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