preaper the 2020 statement of cash flow by using direct method

1 Paragraph 2 Blue Chip Ltd. Comparative Balance Sheet As at December 31, 2020 and 2019 2,120 2019 Difference? 15,600 Current assets: $ 28,700 $ 47,100 95,000 1,700 44,000 89,900 2,200 10,000 30,000 100,900 93,700 $ 303,400 $ 255,400 $ Cash & cash equivalents Accounts receivable Inventory Prepaid expense Property, plant, and equipment Land Equipment, net Total assets Current liabilities Accounts payable Salary payable Other accrued liabilities Long-term babilities: Notes payable Shareholders' equity: Common shares Retained eamings Total liablities & shareholders' equity 24,600 1,400 22,700 $ 2,100 24,400 22,500 65,000 55,000 122,300 131, 100 68,100 19,600 $ 303,400 $ 255,400 x Accessibility: Investigate hp ained earnings tal liablities & shareholders' equity $ 303,400 $ 255,400 Blue Chip Ltd. Income Statement For the Year Ended December 31, 2020 evenues: $ 438,000 Sales revenue 11,700 Interest revenue 449,700 Total revenues 1 Accessibility: Investigate W hp Picture Format Title Help View Review | No Spax Heading Heading 2 nces Normal Styles h910) (1) - Word Mailings | Aa- | A -e-A- Paragraph Due on April 14 Assignment #6 (Ch9&10) COM204.CI001&C1005, 2021 Spring Expenses Cost of goods sold Salary expense Depreciation expense Other operating expense Interest expense Income tax expenses Total expenses Net income $ 185,200 75,000 15,300 49,700 24,600 16.900 366,700 83,000 $ ates) Accessibility. Investigate m (hp