Suppose the income statement for Google company reports $111 of net income, after deducting depreciation of $31. The company bought equipment costing $80 and obtained a long-term bank loan for $86. The company's comparative balance sheet, at December 31, is present under Tab 1 below. REQUIRED: 1. Calculate the change in each balance sheet account and indicate whether each account relates to operating,investing, and/or financing activities (+ for increase and - for decrease) 2.Make/create a statement of cash flows using the indirect method. 3. Are the cash flows typical of a start-up, healthy, or troubled company. ANYTHING HELPS THANK YOU!

Required 1 Required 2 Required 6 Calculate the change in each balance sheet account and indicate whether each account relates to ope financing activities (+ for increase and - for decrease). (Select "NE" if there is no effect. Enter all am values.) Previous Year Current Year Change Type Cash 39 268 Accounts Receivable 79 183 Inventory 280 139 Equipment 520 600 Accumulated Depreciation-Equipment (41) (72) Total 877 $ 1,118 Salaries and Wages Payable $ 14 $ 58 Notes Payable (long-term) 449 535 Common Stock 14 14 Retained Earnings 400 511 Total 877 $ 1,118 Required 2 > Prev. 1 of 1 Next D