Question Roconstries De who Omber 31 Curranty Priory $ 25,000 And Current asset Cash and quanta Accounts receivable inventorio Prepaid rent Total current assets 352,000 85.000 40.000 51.000 60.000 4.000 140,000 5,000 162,900 Printing equipment Accumulated depreciation 155.700 (35.000) 40.000 $323,600 Good Totalsts 130.000 125,000) 50.000 $295.000 Liabilities and shareholders' equity Accounts payable Income tax payable Wages payable Short-term loans payable Total current liabilis $56.600 4,000 $ 40,000 6,000 4.000 8,000 8.000 10.000 60.000 75,000 @ 1 BB 2 3 4 hours minute39 seconds 50.000 Commons 60,000 30,000 57.000 5323.000 130.000 30.000 5206,000 Telties and shareholders' equity Robca Industries Income statement For the current year ended December 31 Salou COGS Gross peole 5333,900 165.000 168.000 96,000 Operating expenses Depreciation expense Operating income Interest expense Impairment loss Gain on sale Income before tax (24.090) 48.900 (11.400) (10,000 2.000 29500 Income tax expenso Not income 6,250 $22.750 Additional information Enuinment with a cost of $20,000 that was 70% mortized was told during the * Not income $22.750 Additional information: Equipment with a cost of $20,000 that was 70% amortized was sold during the current year Required Prepare the SOCF for Robco Industries for the current year using the direct method For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI U S Paragraph Arial