Q1

This question is in two parts. The required work is the second photo.

Rose Apothecary Lid's comparative balance sheets at December 31, 20x2 and 20x1, and its income statement for the year ended December 31, 20x2 areas follows Rose Apothecary Ltd. Balance Sheets Dec3/ 2012 Dec 31 20x/ Cash $ 122,400 $ 64,800 Accounts receivable 165,600 70,200 Inventory 214,200 156,600 Long-term investment 0 32,400 Land 144,000 144,000 Buildings and equipment 833.400 855,000 $1,479.600 $ 1,323,000 Accounts payable Bonds payable Preferred shares Common shares Retained Earnings $ 39,600 45,000 153,000 761,400 480,600 $ 1,479,600 $ 72,000 0 153,000 761,400 336,600 $ 1.323.000 Rose Apothecary Ltd. Income Statement for the year ended Dec. 31, 20x2 $1,620,000 1.080.000 540.000 282,600 77.400 7,200 (21.600) 194.400 Sales Cost of goods sold Gross profit Operating expenses Depreciation expense Loss on sale of equipment Gain on sale of long-term investment Net Income Additional information: sold equipment that had originally cost $57,600 and had $37,800 of accumulated depreciation. Required Prepare the following sections of the statement of cash flow for the year ended December 31,20x2: Cash flow from operations (does not matter if you use the direct or indirect method). Cash flow from investing Rose Apothecary Lid's comparative balance sheets at December 31, 20x2 and 20x1, and its income statement for the year ended December 31, 20x2 areas follows Rose Apothecary Ltd. Balance Sheets Dec3/ 2012 Dec 31 20x/ Cash $ 122,400 $ 64,800 Accounts receivable 165,600 70,200 Inventory 214,200 156,600 Long-term investment 0 32,400 Land 144,000 144,000 Buildings and equipment 833.400 855,000 $1,479.600 $ 1,323,000 Accounts payable Bonds payable Preferred shares Common shares Retained Earnings $ 39,600 45,000 153,000 761,400 480,600 $ 1,479,600 $ 72,000 0 153,000 761,400 336,600 $ 1.323.000 Rose Apothecary Ltd. Income Statement for the year ended Dec. 31, 20x2 $1,620,000 1.080.000 540.000 282,600 77.400 7,200 (21.600) 194.400 Sales Cost of goods sold Gross profit Operating expenses Depreciation expense Loss on sale of equipment Gain on sale of long-term investment Net Income Additional information: sold equipment that had originally cost $57,600 and had $37,800 of accumulated depreciation. Required Prepare the following sections of the statement of cash flow for the year ended December 31,20x2: Cash flow from operations (does not matter if you use the direct or indirect method). Cash flow from investing