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Set A P9.-49A. Prepare the statement of cash flows (direct or indirect method). (LO 2, 3,4, 5, 6 7 income statement for the year ended
Set A P9.-49A. Prepare the statement of cash flows (direct or indirect method). (LO 2, 3,4, 5, 6 7 income statement for the year ended December 31, 2011, and the balance sheets at December 2010, and December 31, 2011, for Craig's Service Company are presented here Craig's Service Company Income Statement For the Year Ended December 31, 2011 (amounts in thousands, except earnings per share) Expenses Wages and salaries.. Advertising Rent . .. .. 60,000 10,000 . . . . 4,800 Depreciation Supplies 5,200 Total expenses 83,600 8,400 2,940 5,460 0.55 Income before taxes. Income taxes
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