Question a pao points) Segura Corporation's balance sheet and income statement are as follows Segura Sepura Capron Coronen Stein income Statement December 31 Farthee Erode 31, 2015 |Asian | 2015 2014 Sales 51 350 000 Case $121.000 $7.600 Color 819000 Accountable 61.000 51.000 Gram 599 000 Merchandise wory 165.000 351.600 Operating perses Equipment 287.000 86.600 Depreciation experie12.000 Accumulated depreciation (10000000000 Olhares Tate 8754000 5609.000 Total operating 357.000 Income from operation 1637606 Account Payable $47.000 $6.000 Incontre 25.000 Income the payable 22.000 18.000 income 3937 800 She catal $12.000 470.000 Retained in 12300058.000 Tobbes and costy 5704000 SECA 000 Additional information regarding Sopus Corporation's activities during 2015 Equipment is purchased for $21.000 cash 12.000 common shares ressed for cash at $350 per share Prepare a statement of cash flows for 2015. Use Dendred method to report cash intow and custows for the operating activities section See Statement of Cath For the Eted December 2015 Subtes and Oicial Time: 141:10 SUESAT AND MARK SAVE AND CLOSE Type here to search o T 33C Sunny do TEAM 8/11/2021 ***** Question 3 [30 points] Segura Corporation's balance sheet and income statement are as follows: Segura Corporation Segura Corporation Comparative Balance Sheet Information Income Statement December 31 For the Year Ended December 31, 2015 Assets 2015 2014 Sales.... $1,338,000 Cash $121,000 $79,000 Cost of goods sold 819,000 Accounts receivable, 61,000 51,000 Gross profit 519,000 Merchandise inventory 405,000 351,000 Operating expenses: Equipment... 217,000 196,000 Depreciation expense. 32.000 Accumulated depreciation (100,000) (68,000) Other expenses... 325,000 Total assets 5704,000 5609,000 Total operating expenses 357,000 Liabilities and Equity Income from operations.... 162,000 Accounts payable $47,000 $63,000 Income taxes 25,000 Income taxes payable... 22.000 18,000 Net income $137,000 Share capital.. 512.000 470,000 Retained earnings... 123,000 58,000 Total liabilities and equity.. 704.000 5609,000 Additional information regarding Segura Corporation's activities during 2015: a. Equipment is purchased for $21,000 cash. b. 12,000 common shares are issued for cash at $3.50 per share. Prepare a statement of cash flows for 2015. Use the indirect method to report cash inflows and outfiows for the operating activities Segura Corporation Statement of Cash Flows For the Year Ended December 31, 2015 + + + Official Time: 1:41:10 SUBMIT AND Type here to search