sonlocatore di progress false eBook Calculator Printem Statement of Cash Flows Zowine Company's condensed income statement for the year ended December 3, 20-2, - shown. Net sales $767,000 Cost of goods sold 553,000 Gross profit $214,000 Operating expenses 31,000 Income before taxes $183,000 Income tax expense 54,900 Net income $128, 100 Additional Information obtained from Zowie's comparative balance sheets as of December 31, 20-2 and 20- is shown 20-2 20-1 $78,100 $21,000 Accounts receivable 65,000 100,000 Merchandise inventory 76,000 120,000 Accounts payable S5,000 90,000 The following additional information was obtained from Zowine's financial statements and suxiliary records for the year ended December 31, 20-2 is shown. Acred a new warehouse $120,000 Bought new warehouse equipment 79,000 Issued a note to the bank 41,000 Issued additional common stock: Check My Work Previous All work saved Save and Exit Submit Assign i o pen eBook Calculator Print Ilem 79,000 Bought new warehouse equipment Issued a note to the bank Issued additional common stock: 41.000 Par value 51.000 21,000 Paid-in capital in excess of par Declared and paid cash dividends 29,000 Required: Prepare a statement of cash flows for Zowine for the year ended December 31, 20 2. Zowine Company Statement of Cash Flow For Year Ended December 31, 20-2 Cash Flows from operating activities: Net income Adjustments for changes in current assets and liabilities related to operating vies Decrease in accounts receivable 000 0 Decrease in merchandise inventory Decrease in accounts payable - Net cash provided by operating activities Cash Flows from investing activities Purchased warehouse Purchased warehouse equipment Check My Work P All work saved Save and it Sub at 11 Categorias gas and losses on property, plant and equipment Changes incurrent assets and abilities increase or decrease cast from = Cash flows from operating activities include the HIY sources for sind an ounts on the home statement which are indle eBook Calculator Print Item Decrease in merchandise inventory Decrease in accounts payable Net cash provided by operating activities Cash flows from investing activities Purchased warehouse Purchased warehouse equipment Total cash used by investing activities Cash flows from financing activities: Issued note payable Issued common stock Paid cash dividends Net cash provided by financing activities Net increase in cash Cash, January 1, 20-2 Cash, December 31, 20-2 Foadbach Ce My Work 0 00 000 1000 apour how cash is impacted when current and liabilities ncrease and decreased Check My Work All work savec Save and Exit Subre