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See screenshot below: Thanks in advance! Question 3 [70 points] Weber Inc. began operations on January 1, 2013. Its adjusted trial balance at December 31,

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Question 3 [70 points] Weber Inc. began operations on January 1, 2013. Its adjusted trial balance at December 31, 2014 and 2015 is shown below. Other information regarding Weber Inc. and its activities during 2015 follow in (a) through (f) : a. Assume all accounts have normal balances. b. $7,000 of the long-term notes payable will be paid during 2016. c. Equipment was sold for cash of $22,600. d. Old machinery was sold for cash of $12,400. New machinery was purchased for $20,000 cash. e. Share capital was issued for cash. f. Cash dividends were declared and paid. Using the information provided, prepare a statement of changes in equity, a classified balance sheet, and a statement of cash flows (using the indirect method) for the year ended December 31, 2015. (select one) Statement of Changes in Equity (select one) Weber Inc. Share Retained Total Adjusted Trial Balance Capital Earnings Equity December 31 + + 1 X Account 2015 2014 X 4 4 + Accounts Payable. 86,350 78,000 Accounts Receivable 64,800 74,500 X + K Accumulated Depreciation, Equipment 3,200 61,500 Accumulated Depreciation, Machinery. 3,400 77,500 (select one) Allowance for Doubtful Accounts 3,800 23,500 Balance Sheet Depreciation Expense, Equipment.. 8,500 8,500 (select one Depreciation Expense, Machinery. 10,500 10,500 Cash. 407,390 380,000 X K Cash Dividends 66,000 66,000 Equipment 27,200 115,000 X K Machinery. 37,400 115,000 X JK Merchandise Inventory . 34, 120 38,000 Long-term Notes Payable.. 41,830 55,000 Other Expenses (including losses) 730,000 15,000 (select one Retained earnings. 91,000 93,000 Statement of Cash Flows Revenues (including gains). 786,000 98,000 (select one) Share capital. 315,000 290,000 Unearned Revenue. 55,330 46,000 X HK + + 4 X X K 4 + 4 X

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