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Problem The comparative Balance Sheet of XYZ inc. for December 31, 2019 and 2018 is shown as follow 12/31/19 12/31/18 Cash 5625,760 5545.320 Accounts Receivable

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Problem The comparative Balance Sheet of XYZ inc. for December 31, 2019 and 2018 is shown as follow 12/31/19 12/31/18 Cash 5625,760 5545.320 Accounts Receivable 227.440 208. 5641,760 5617.120 Inventories Investments D 200,000 Land 0 210.000 Yos, 120 1664001 553120 Equipment Accumulated Deprecationen 1148.000 52057,120 Total Aut $2,362.080 Libilities and Stockholders' Equity $0.90 5424.480 42.240 24.000 10.200 10.000 Accounts payable merchandise creditor Accruedes payable operating experte Dividenda payable Common Stock 54 par Paid in Chical common stock Retained in Totalities and Stockholders' equity 350.000 417,500 LO 20600 000 2,057,120 2.RO Additional data obtained from an examination of the accounts in the leader for 2018 www a) The investments were sold for $280.000 ch bount and land were acquired for d the stock was for cash di There was $199,510 credato Retained informatie There was.000 de leiding for at de declared Prepare a statement of flows wing the Indicator

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