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Thank you! Following is a statement of cash flows (indirect method) for Hartford Incorporated for the year ended December 31, 2023. Also shown is a
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Following is a statement of cash flows (indirect method) for Hartford Incorporated for the year ended December 31, 2023. Also shown is a partially completed comparative balance sheet as of December 31, 2023 and 2022: Required: a. Complete the December 31,2023 and 2022 balance sheets. b. Complete the statement of changes in retained earnings for the year ended December 31, 2023. Stockholders' Equity: \begin{tabular}{|l|l|l|} \hline Common stock & $32,000 & $24,000 \\ \hline Retained earnings & & 45,600 \\ \hline \multicolumn{1}{|c|}{ Total stockholders' equity } & & \\ \hline Total liabilities and stockholders' equity & & \\ \hline \end{tabular} HARTFORD INCORPORATED Statement of Changes in Retained Earnings For the Year Ended December 31, 2023 Retained earnings, January 1, 2023 Retained earnings, December 31, 2023 $Step by Step Solution
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