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PRINTER VERSION BACK S Exercise 17-9 (Part Level Submission) Rodriquez Corporation's comparative balance sheets are presented below. 2016 RODRIQUEZ CORPORATION Comparative Balance Sheets December 31
PRINTER VERSION BACK S Exercise 17-9 (Part Level Submission) Rodriquez Corporation's comparative balance sheets are presented below. 2016 RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2017 Cash $16,500 Accounts receivable 24,900 Investments 19,750 Equipment 59,750 Accumulated depreciation equipment (13,750 Total $107,150 $17,200 22,000 15,750 69,750 (10,000) $114,700 Accounts payable Bonds payable Common stock Retained earnings Total $14,350 10,000 49,500 33,300 $107.150 $11,050 30,000 44,500 29,150 $114,700 Additional information: 1. Net income was $18,250. Dividends declared and paid were $14,100. 2. Equipment which cost $10,000 and had accumulated depreciation of $1,500 was sold for $3,300. 3. No noncash investing and financing activities occurred during 2017 (a) Prepare a statement of cash flows for 2017 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.o. -45,000, or in parenthesis e.g. (45,000). RODRIQUEZ CORPORATION mont.com (a) Prepare a statement of cal Now for 2017 using the Indirect method. de hat deres anh RODRIGUEZ GUHPUHATUN Suur Claw V Adjustments to recent income to V V V
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