Prepare a Statement of Cash Flows for the year ended December 31, 2020, organized by cash flow from operating activities, cash flow from investment activities, and cash flow from financing activities. (Value: 26 points, 18 issues a 1.44 each) Divetco Corporation Statement of Cash Flows For the Year Ended December 31, 2020 b. Compute the cash dividends paid, if any. (3 points) c. Evaluate each part of the statement with a minimum of two sentences each. (3 points) 1. Operating activities 2. Financing Activities 3. Investing Activities Balance Sheet For the years ended Dec 31, 2020 and 2019 2020 2019 change 330 3100 marketable securities accounts receivable inventory total current assets fixed assets buildings machinery 560 3985 3200 1300 S400 4425975 13330121701160 equipment 7000 3000 700 10700 3275 7425 20755 4500 2500 2500 500 800 100 700 2900 2725550 5075 2350 17245 3510 total fixed assets less depreciation net fixed assets total assets liabilities and equity accounts payable notes payable accruals total current liabilities long-term debt total liabilities common stock paid-in capital retained earnings total equity total liabilities and equity 725 400 1575 1945 325 1100 2825 3445 12200 10000 1502513445 2900 2000 700 600 1200 5730 3800 20755 17245 -370 -575 620 2200 1580 900 100 930 1930 3510 2130 R$ -975 325 -575 -1090 -160 Cash Flow Statement - Indirect method For the period ended Dec 31, 2020 cash flow from operating activities net income adjustments to reconcile net income to net cash provided by operating activities depreciatin expenses changes in current assets and liabilities decrease in marketable securities increase in accounts receivable increase in inventory increase in accounts payable decrease in accruals net cash flow provided from operating activities cash flow from investing activities purchase of building purchase of machinery sale of equipment net cash flow provided from investing activities cash flow from financing activities repayment of notes payable borrowings from long-term debe issuance of common stock excess in paid in capital net cash flow from financing activities net change in cash cash balance at the start cash balance at the end 100 -370 2.300 Prepare a Statement of Cash Flows for the year ended December 31, 2020, organized by cash flow from operating activities, cash flow from investment activities, and cash flow from financing activities. (Value: 26 points, 18 issues a 1.44 each) Divetco Corporation Statement of Cash Flows For the Year Ended December 31, 2020 b. Compute the cash dividends paid, if any. (3 points) c. Evaluate each part of the statement with a minimum of two sentences each. (3 points) 1. Operating activities 2. Financing Activities 3. Investing Activities Balance Sheet For the years ended Dec 31, 2020 and 2019 2020 2019 change 330 3100 marketable securities accounts receivable inventory total current assets fixed assets buildings machinery 560 3985 3200 1300 S400 4425975 13330121701160 equipment 7000 3000 700 10700 3275 7425 20755 4500 2500 2500 500 800 100 700 2900 2725550 5075 2350 17245 3510 total fixed assets less depreciation net fixed assets total assets liabilities and equity accounts payable notes payable accruals total current liabilities long-term debt total liabilities common stock paid-in capital retained earnings total equity total liabilities and equity 725 400 1575 1945 325 1100 2825 3445 12200 10000 1502513445 2900 2000 700 600 1200 5730 3800 20755 17245 -370 -575 620 2200 1580 900 100 930 1930 3510 2130 R$ -975 325 -575 -1090 -160 Cash Flow Statement - Indirect method For the period ended Dec 31, 2020 cash flow from operating activities net income adjustments to reconcile net income to net cash provided by operating activities depreciatin expenses changes in current assets and liabilities decrease in marketable securities increase in accounts receivable increase in inventory increase in accounts payable decrease in accruals net cash flow provided from operating activities cash flow from investing activities purchase of building purchase of machinery sale of equipment net cash flow provided from investing activities cash flow from financing activities repayment of notes payable borrowings from long-term debe issuance of common stock excess in paid in capital net cash flow from financing activities net change in cash cash balance at the start cash balance at the end 100 -370 2.300