Ratio Comparison of Declan and Brayden using rhe latest year.

Market rate $5 for Declan

Market rate $6 for Brayden

From the following information for Declan's Doodads, prepare a Statement of Cash Flows for the ended December 31, 20X2. Balance 12/31/X2 Balance 12/31/X1 38.900 45.000 90,000 2,600 280,000 20,000 Cash Accounts Receivable Inventory Prepaid Insurance Equipment Accumulated Depreciation Land Security Deposits Accounts Payable Wages Payable Rent Payable Interest Payable Taxes Payable Note Payable Common Stock ($1 each) Retained Earnings Sales Cost of Goods Sold Wage Expense Rent Expense Office Expenses Depreciation Expense Utilities Expense Insurance Expense Interest Expense Income Tax Expense 95,900 77,000 70,000 4,600 320,000 80,000 130,000 32,000 39,000 2,000 12,000 6,500 10.000 130,000 310,000 140,000 1,200,000 700,000 220,000 48,000 46,000 60,000 15,000 6,000 14,000 27,000 20.000 30,000 10.000 4.000 7,500 5,000 150,000 160,000 90,000 The land was acquired on March 31, 20X2 for cash. The additional common was sold on March 31, 20X2 for $1 per share. The company did not sell any equipment during the year. All equipment purchased during the year was purchased for cash. The retained earnings balance for both years is after all closing entries have been made. The Note Payable requires payments of $20,000 principal plus interest at 10% on une 30th of each year. From the following information for Brayden's Bobbles, prepare a Statement of Cash Flows for the year ended December 31, 20X1. Balance 12/31/X1 Balance 12/31/X0 Cash Accounts Receivable Inventory Prepaid Insurance Equipment Accumulated Depreciation Land Security Deposits Accounts Payable Wages Payable Rent Payable Interest Payable Taxes Payable Note Payable Common Stock ($1 each) Retained Earnings Sales Cost of Goods Sold Wage Expense Rent Expense Office Expenses Depreciation Expense Advertising Expense Insurance Expense Interest Expense Income Tax Expense 107,376 25,000 68,000 45,000 80,000 100,000 500 3.000 340,000 270,000 80,000 40,000 120,000 12,000 10,000 45,000 35,000 6,000 10,000 7,500 6,000 5,000 7,000 27,000 5,000 120,000 140,000 300,000 160,000 137,376 50,000 1,200,000 575,000 260,000 24,000 60,000 70,000 40,000 15,000 9,000 13,000 36,624 The equipment was acquired on September 30, 20X1 for cash. The additional common stock was sold on June 30, 20X1 for $1 per share. The company did not sell any equipment during the year. The land purchased during the year was purchased for cash. The retained earnings balance for both years is after all closing entries have been made. Dividends? The Note Payable requires payments of $20,000 principal plus interest at 10% on June 30th of each year