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Prior Year Prepare the statement of cash flows based on the follo Balance Sheet Current Year Assets 381,024 370,440 343,980 238.140 441,000 423,360 317,520 423,360
Prior Year Prepare the statement of cash flows based on the follo Balance Sheet Current Year Assets 381,024 370,440 343,980 238.140 441,000 423,360 317,520 423,360 . . . Cash Accounts Receivable Inventory Property And Equipment, net Total Assets 1,333,584 . 1,605,240 63,504 264,600 68,796 31/520 . Liabilities: Accounts Payable Notes Payable, Long-Term Stockholders' Equity: . Common Stock Retained Earnings Total Liabilities & Stockholders' Equity Income Statement 705,600 571,536 423,360 523.908 1,605,240 1,333,584 Sales 1,058.400 Cost of Goods Sold 582,120 Stockholders' Equity: 705,600 571 536 423,360 523.908 . 1,333,584 . 1,605,240 Common Stock Retained Earnings Total Liabilities & Stockholders' Equity Income Statement Sales 1,058,400 Cost of Goods Sold 582,120 Depreciation Expense Other Expenses 264.600 132,300 79,380 Net Income Other information from the company's records includes the following: Purchased property and equipment - $264,600 Paid off notes payable - $52.920 Issued common stock - $282,240 Paid dividends - 584,672 . Fill out the statement of cash flows below. Make sure you note negative numbers in 0. CASH FLOWS FROM OPERATING ACTIVITIES Non-Cash Income Statement Items Accounts Receivable . Inventory Accounts Payable CASH FLOWS FROM INVESTING ACTIVITIES Property & Equipment CASH FLOWS FROM FINANCING ACTIVITIES Notes Payable (long term) . Common Stock Dividends Net increase in cash Cash, beginning of period _381024
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