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show work please! Yoric Company ilsted the net changes in its balance sheet accounts for the past year as follows The following additionar information is
show work please!
Yoric Company ilsted the net changes in its balance sheet accounts for the past year as follows The following additionar information is avallable about last year's activibes a. Net income for the year was $ ? b. The company sold equipment during the year for $35,100. The equipment originally cost $160,600 and it had $127,200 in accumulated depreciation at the tume of sale. c. Cash dividends of $10,600 were declared and paid during the year d. The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given beiow e. The balance in the Cash account at the beginning of the year was $109,900, the balance at the end of the year was $ tif data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change Requirect: Using the indirect method, prepare a statement of cash flows for the year. (Llst any deduction in cash and cosh outflows as negotlve omounts.) Step by Step Solution
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