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Question 3 (19 points) Listen The 2021 financial statements of Canbuild Inc. are presented below (unit measure in thousand 2021 2020 Cash 30 SO
Question 3 (19 points) Listen The 2021 financial statements of Canbuild Inc. are presented below (unit measure in thousand 2021 2020 Cash 30 SO Accounts receivable(net) 219 120 Inventory 137 187 175 195 Equipment Accumulated depreciation-equipment (1.30) (170) 431 382 Total assets 15 2 Accounts payable 33 24 Dividends payable 107 107 Long-term loan payable 110 110 Common shares 106 Retained earnings 431 Total liabilities and shareholders' equity 1.245 (1885) Sales revenues Cost of goods sold (98) Depreciation expenses (334) 168 Other operating expenses Net income During fiscal year 2021, Canbuild sold a piece of its equipment The equipment sold had originally c $153,000 activity section of the statement of cash flows, using the indirect method w item and ignoring the heading (45 pint pow open Clearly show cabin w.calculations
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