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Take sales = 1473271 will definately give a thumbs up for correct answer A motel has the following balance sheets at the end of each
Take sales = 1473271
A motel has the following balance sheets at the end of each of its most recent two years. Balance Sheet Dec. 31, 2018 Dec 31, 2019 Assets Cash 55,800 Accounts Receivable 47,200 50,600 Inventory 6,100 15,500 Land 80,000 160,000 120,600 180,600 (70.000) (50.000) 259,700 337,000 Building Accumulated Depreciation - Building Total Assets Liabilities and Shareholder's Equity Accounts Payable Bank Loan Payable Long term mortgage on building Common Stock 36,700 12,800 0 7,500 0 50,000 82,000 62,000 29 36,700 12,800 0 7,500 50,000 Accounts Payable Bank Loan Payable Long term mortgage on building Common Stock Retained Earnings Total Liabilities and Shareholder's Equity 82,000 62,000 141.000 204,700 259,700 337,000 The company's income statement for the year shows: Sales Revenue First 7 Digits of your Student 85% of Sales Operating Expenses Net Income 2 Dividends declared an paid were $154,000 for 2019. Required: Complete a statement of cash flows for 2019, O 11 29 will definately give a thumbs up for correct answer
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