Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets 2019 Accounts payable Inventory Dividends $11,573 1,661 3,979 946 776 6,067 8,034 1,171 2020 $12,936 1,736 4,707 824 926 6,46 W 9,427 1,147 24,696 54,273 4,644 15,288 1,618 20,320 50,888 4,384 14,283 1,411 24. Financial Statements (LO1) Draw up a statement of comprehensive income and a statement of financial position for this company for 2019 and 2020. 25. Calculating Cash Flow (LO3) For 2020, calculate the cash flow from assets, cash flow to creditors, and cash flow to shareholders. 26. Taxes on Investment Income (LO4) Linda Milner, an Alberta investor, receives $40,000 in dividends from Okotoks Forest Products shares, $20,000 in interest from a deposit in a chartered bank, and a $20,000 capital gain from Cremona Mines shares. Use the information in Tables 2.5 and 2.6 to calculate the after-tax cash flow from each investment. Ms. Milner's federal tax rate is 29%. 27. Investment Income (LO4) Assuming that Ms. Milner's cash flows in Problem 26 came from equal investments of $75,000 each, find her after-tax rate of return on each investment.

7. 24. Financial Statements (1.O1) Draw up a statemeat of comprehensive income and astatement of financial position for this company for 2019 and 2020. 25. Calculatiog Cast Flow (103) for 2020, calculate the cash flow from assets, cash flow to creditors, and cash thow to tharcholders 26. Taxn as Investsiest Incone (1,04) Linda Milner, an Alberta investor, receives 540,000 in dridends from Okotoks Forest Producis shates, 520,090 in interes from a depodit in a chartered bank, and a 520,000 capital gain from Cremona Mines shares. Use the information in Tables 2.5 and (G) 2.6 to calculate the aftertax cash flow from each imectment. Mx. Minget's fedchal tak tate h 29% 27. Imetamest lacome (1 09) Asemmine that Ms. Miner's cach flows in [? Problem 26 came from equal imvestanents of \$75.000 cachi, figd her after tax rate of retumi on cach investmen. 7. 24. Financial Statements (1.O1) Draw up a statemeat of comprehensive income and astatement of financial position for this company for 2019 and 2020. 25. Calculatiog Cast Flow (103) for 2020, calculate the cash flow from assets, cash flow to creditors, and cash thow to tharcholders 26. Taxn as Investsiest Incone (1,04) Linda Milner, an Alberta investor, receives 540,000 in dridends from Okotoks Forest Producis shates, 520,090 in interes from a depodit in a chartered bank, and a 520,000 capital gain from Cremona Mines shares. Use the information in Tables 2.5 and (G) 2.6 to calculate the aftertax cash flow from each imectment. Mx. Minget's fedchal tak tate h 29% 27. Imetamest lacome (1 09) Asemmine that Ms. Miner's cach flows in [? Problem 26 came from equal imvestanents of \$75.000 cachi, figd her after tax rate of retumi on cach investmen