QUESTION 19 Answer saved Marked out of 35.00 P Flag question Preparing the Financial Statements Listed below are items reported on the financial statements of the Huntington Company as of June 30, 2013: $69,300 29,700 52,800 18,150 40,260 (50,490) 4,950 132,000 57,750 4,290 72,600 60,225 31,350 168,300 Cash flow provided by operating activities Cash at June 30, 2012 Cash at June 30, 2013 Inventory Accounts receivable Cash flow from investing activities Other current assets Property, plant and equipment Other long-term assets Cash flow from financing activities C urrent liabilities Long-term liabilities Intangible assets Common stock Retained earnings Required Prepare a classified balance sheet as of June 30, 2013, and statement of cash flows for 2013. Use negative signs with your answers if shown above as a negative number. HUNTINGTON COMPANY Balance Sheet June 30,2013 Assets Liabilities & Stockholders Equity Current Assets: Liabilities: Cash +$52,800 Current Liabilities 72,600 Accounts Receivable 40,260 Long-term Liabilities 60,225 Inventoryy 18,150 Other Current Assets Total Liabilities 132,825 Total Current Assets 116,160 Stockholders' Equity Long-term Assets: Common Stock 168,300 Property, Plant and Equipment 132,000 Retained Earnings Intangible Assets 31,350 Total Stockholders' Equity Other Long-Term Assets 57,750 Total Long-term Assets 221,100 Total Assets $337,260 Total Liabilities and Stockholders' Equity HUNTINGTON COMPANY Statement of Cash Flows For the Year Ended June 30, 2013 Cash Flow from Operating Activities 69,300 Cash Flow from Investing Activities (50,490) Cash Flow from Financing Activities 4,290 Increase in Cash Cash, Beginning of Year 0 Cash, End of Year