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Prob. 4 The comparative balance sheet of Air Clide Athletic Apparet Co Enterprives. for December 31,2024 and 2023 is as followh The fotlowirg addicional kafononation
Prob. 4 The comparative balance sheet of Air Clide Athletic Apparet Co Enterprives. for December 31,2024 and 2023 is as followh The fotlowirg addicional kafononation was eaken from the recondt: a Net income $11.300. b. Deprecution reported on the income statement 526,160 . c. Fquigment wat porchased at a cost of 550,900 , and fully depreciated equipment Costing 514,000 wai discarded with no alvage realized a. The mortesie note jayable was not due uniti 2020 , but the teins permitted earler garment without penaly. e. 5,000 thares of common abck were hatd at 517 for cash. f. Cart dividestr decised and paid 548000 instructions-Prepate a atatement of cash flows, using the indirtect methed
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