Review the Balance Sheet and income Statement for ROW Company in the attached file. Complete your cash flow statement in the excel file, then click on the save your work on the top left then submit the link in the answer box. Cash Flow Problem.xlsx TTT Arial 3 (1200 15 ROW Company Balance Sheet As of December 31, 2020 and 2010 2020 2010 Cash 42 30 Account Receivable 73 75 Short-term investments 20 15 Inventory 75 70 Land SO 60 Buildings and Equipment 350 400 Accad Depreciation (115) (75) Tutal Assets 715 575 ROW Company Income Statement For the Year Kading December 31, 2070 Sal even 30 Cost of Good Sold (1309 Gros Pro Salary Expense 25 Depreciation Expense 40 Operating Income 165 Other Income Interest Expense 12 Loss on Sale of Land 3 Income from Continuing Ops before taxes 150 Tax Expert (20) Income from Continuing Ops - aflere 80 ROW Company Statement of Cash Flow For the Year Ending December 31, 2010 Oport Activities Cath from customers 382 Cash paid for inventory (142) Cathal for sale (48) Cath paid for interest 10 Caspaid for 7035 Cash Flow from Operating Activities 100 2 5 9 Liabilines Accounts Payable Salaries Payable Interest Tayable Taxes Payable Notes Payable Bonds Payable Stockholders' Equity Common Stock Retained Earnings Total Liabilities and Equity 35 5 3 12 30 100 160 376 135 715 300 90 Additional information Land that originally cost $10,000 was sold for 57.000 The common stock of ABC Company was purchased for $25,000 as a short term investment New equipment was purchased for S150,000 cash A S30,000 note was paid at maturity on January 1, 2020 On January 1, 2020, bonds were sold at their 560,000 face value ROW Company Balance Sheet As of December 31, 2020 and 2010 2020 2010 Cash 42 30 Account Receivable 73 75 Short-term investments 20 15 Inventory 75 70 Land SO 60 Buildings and Equipment 350 400 Accad Depreciation (115) (75) Tutal Assets 715 575 ROW Company Income Statement For the Year Kading December 31, 2070 Sal even 30 Cost of Good Sold (1309 Gros Pro Salary Expense 25 Depreciation Expense 40 Operating Income 165 Other Income Interest Expense 12 Loss on Sale of Land 3 Income from Continuing Ops before taxes 150 Tax Expert (20) Income from Continuing Ops - aflere 80 ROW Company Statement of Cash Flow For the Year Ending December 31, 2010 Oport Activities Cath from customers 382 Cash paid for inventory (142) Cathal for sale (48) Cath paid for interest 10 Caspaid for 7035 Cash Flow from Operating Activities 100 2 5 9 Liabilines Accounts Payable Salaries Payable Interest Tayable Taxes Payable Notes Payable Bonds Payable Stockholders' Equity Common Stock Retained Earnings Total Liabilities and Equity 35 5 3 12 30 100 160 376 135 715 300 90 Additional information Land that originally cost $10,000 was sold for 57.000 The common stock of ABC Company was purchased for $25,000 as a short term investment New equipment was purchased for S150,000 cash A S30,000 note was paid at maturity on January 1, 2020 On January 1, 2020, bonds were sold at their 560,000 face value
