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Statement or Cash PiOWS C D E F G 5. PROBLEM Etienne Corporation reported the following information at December 7 31, 2024 H K
Statement or Cash PiOWS C D E F G 5. PROBLEM Etienne Corporation reported the following information at December 7 31, 2024 H K M N nequired: Provite pot mo ces sniaded myelow ir insuprar Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated 9 10 Dividends payable Bank loan payable - current portion 12 13 Bank loan payable-non-current portion Common shares 34 Retained earnings 15 16 17 19 19 2024 2023 $ 16,000 $ 12,000 250,000 450,000 250,000 350,000 620,000 410,000 724,000 $10,000 During 2024, Etienne Corporation's bank loan was increased by additional borrowings to partially finance the purchase of new. equipment. The bank loan was decreased by repayments. Common shares were issued during the year, and none were repurchased. The company paid dividends during the year. Additional information is provided here. 20 21 22 23 24 Purchase of new equipment 25 Net income for the year Additional borrowings in the bank loan $ 300,000. 500,000 400,000 Complete the financing activities section of Etienne's statement of cash flows for the year. Display cash outflows as negative amounts. Financing activities Payment of cash dividends Repayment of bank loan payable. Issue of common shares
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