Rambus Corporation Comparative Balance Sheet December 31, 2018 and 2019 Assets 2018 Cash Accounts Receivable - Net Inventory Prepaid Expenses Intangible Assets - Patents Land Building Accumulated Depreciation - Building Equipment Accumulated Depreciation - Equipment Long Term Investments - Stocks Total Assets' 2019 Increase Decrease 230,600 803,800 830,000 36,800 35,000 306,200 965,000 (160,000) 480,000 (56,000) 220,000 267,300 738,800 960,000 14,800 15,000 401,200 1,300,000 (200,000) 480,000 (106,000) 220,000 36,700 (65,000) 130,000 (22,000) (20,000) 95,000 335,000 (40,000) (50,000) - 3,691,400 4,091,100 399,700 610,800 24,800 140,000 850,000 795,000 1,000,000 80,000 190,800 450,500 10,800 20,000 1,180,000 975,000 1,150,000 80,000 224,800 (160,300) (14,000) (120,000) 330,000 180,000 150,000 34,000 3,691,400 4,091,100 399,700 Liabilities and Stockholder's Equity Accounts Payable Accrued Liabilities Notes Payable Mortgage Payable Bonds Payable Common Stock Paid in C apital in Excess of Par Retained Earnings Total Liabilities and Stockholder's Equity 1. 2. 3. 4. 5. 6. 7. 8. 9. Net income was $106,000 Building and equipment depreciation expense were $40,000 and $50,000 respectfully. Intangible assets (patents) were amortized Stock investments in the amounts of $100,000 were purchased Investments were sold for $110,000, on which a $10,000 gain was recorded. The company issued $180,000 of long term bonds at face value A office building and land was purchased through the issuance of a $430,000 mortgage The company paid $100,000 to reduce the mortgage payable in 2019 The company borrows funds in the amount of $150,000 by issuing notes payable and repaid notes paya payable in the amount of $270,000. 10. Cash dividends in the amount of $72,000 was declared and paid. 11. Common stock was issued at par value for cash in 2019. Rambus Corporation Statement of Cash Flows For the year ended 12/31/19 Cash Flows from Operating Activities: Net Income $ Adjustments to reconcile net income to net cash provided by operating activities. Net Cash Flows from Operating Activities $ Cash Flows from Investing Activities: $ Cash Flows from Financing Activities $ Net Increase (Decrease) in Cash Cash @ 01/01/19 Cash @ 12/31/19