The 2024 comparative balance sheet and income statement of Attleboro Group, Inc. folow Alfeboro disposed of a plant asset at book val (Click the icon to view the comparative balance sheet) Click the icon to view the income statement) Prepare the spreadsheet for the 2024 statement of cash flows Format cash flows from operating activities by the indirect method A plant a sales of land, no retirement of common stock, and no treasury stock transactions Assume plant asset and land acquisitions were for cash Data table Panel A-Balance Sheet 12/31/2023 DEBIT CREDIT 12/31/2024 Attleboro Group, Inc. Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 Cash Accounts Receivable Merchandise inventory Land Plant Asses Accumulated Depreciation-Plant Assets S 260,400 Total Assets Accounts Payab Accrued Liables S 15.000 43.500 93,100 (0) 15,000 0 111,360 (h 5600 (m) s 1,200 (0 0.400 Assets 42,300 Current Assets 3000 96,700 Cash 25500 40,500 Accounts Receivable (a) 120,260 Merchandise Inventory 400 s 10,000 12.300 43,500 90.700 3100 15.500) (19.400) Long em Asset $ 289,700 Land 40,500 15.000 Plant Assets 120 200 111360 26 400 (e) 1100 25,300 (19.400 (17,560) Accumulated Depreciation Plant Assets Notes Payable Total Liabilities 22,000 2.000 110,400 1200 10000 23,200 44,000 289.700 260.400 Total Assets 92,500 Print Done Homework Homework CH B Question 8, PMBB-38A (similar to) The 2024 comparative balance sheet and income statement of Attleboro Group Inc toow Attleboro disposed of a plant asset at book v (Cack the icon to view the comparative balance sheet) (Click the icon to view the income statement) Prepare the spreadsheet for the 2024 statement of cash flows Format cash flows from operating activites by the indeed method. A plant sales of land, no retrement of common stock and no treasury stock transactions Assome plant asset and land acqusitions Common Stock Retained Emings Total Lubates and Stockholders' Equity Panel B-Statement of Cash Flows: Cash Flows from Operating Activities Nel come Adjustments to Reconcile Net income Net Cesh Provided by Operating Activities Depreciation Expense-Plant Assets Decrease in Accounts Rec increase in Merchandise entry Decrease in Accounts Payable HW Score: 74.64%, 74.64 of 100 points Points: 0 of 25 Data table for cash Accumulated Depreciation-Plant Assets (19 400 (12.5001 CRD 289,700 5 240.400 Total Assets 130 100 4000) 138.500 Current Lab 19900 50,700 Accounts Payable S 21,200 25,400 5 260,400 289,700 Accrued Liabilities 23,200 22.000 67,300 NO 10: 15.500 1200 Long lem Labite Notes Payable 44.000 62000 Total Liables 2500 110.400 Stockholders' Equity Common Stock, no par 138,500 130,100 54700) 10 500 Retained Earnings 107300 150 000 Total Stockholders' Equity 290,700 290,400 3.000 Total Liabilities and Stockholders' Equity 1100) The 2024 comparative balance sheet and income statement of Aleboro Group, Inc. follow Altleboro disposed of a plant asset a book val (Click the icon to view the comparative balance sheet) (Click the icon to view the encome statement Prepare the spreadsheet for the 2024 statement of cash flows Format cash flows from operating activites by the indrect method A plant a sales of tand, no retirement of common stock, and no trasury stock transacbons Assume plant asset and land acquisitions were for cash CITO Data table Cument Asses Cash Cash Payment for Acquisition of t Cash Payment for Acqusition of Land Net Cash Used for Investing Activites Cash Flows from Financing Activities Cmh Payment of Notes Payable Cash Recept from Issuance of Common Stock Cash Payment of Dividends Net Cash Used for Financing Activities Net Decrease in Cas Non-cash inviting and Financing Activities Disposal of Plant Asset at Book Value Total Nos-cash investing and Financing Activities (m) (g) 370300) 25.500 18000 (38000) 0400 15,000 Accounts Receivable) 42.300 43500 Merchandise Inventory 0,700 93,100 Long term Ass Land 40.500 15.000 Plant Assets 120260 111300 Accumulated Depreciation-Plant Assets (1460) 17.560) 289,700 5 260,400 Total Assets Current Accounts Payable Accrued Liabilities Long term bes Liabilities 25.300 78400 23.200 22.000 The 2024 comparative balance sheet and income statement of Attleboro Group, Inc. follow Attleboro disposed of a plant asset (Cack the icon to view the comparative balance sheet) (Click the icon to view the income statement) Prepare the spreadsheet for the 2024 statement of cash Bows Format cash flows from operating activities by the indirect metho sales of land, no retrement of common stock, and no treasury stock transactions Assume plant asset and land acquisitions we Data table Cash Payment for Acquisition of Plant Assets Cash Payment for Acquisition of Land Net Cash Used for Investing Activities Cash Flows from Financing Activities Attleboro Group, Inc. income Statement Year Ended December 31, 2024 37020) 25.500 00 Net Sales Revenue 5 444.000 205.300 Cost of Goods Sold Gross Prote 238.700 Cash Payment of Notes Payable 18000 Cash Receipt from Issuance of Common Stock (K) (38800) Cash Payment of Dividends Net Cash Used for Financing Activities Net Decrease in Cash (m) Non-cash investing and Financing Activities Disposal of Plant Asset at Book Value Total Non-cash investing and Financing Activities Total (a) (0) Operating Expenses Salanes Expense 76.300 Depreciation Expense-Plant Assets 15.500 Other Operating Expenses 49.800 Total Operating Expenses 141,000 Operating Income 97.100 Other Income and (Expenses) Interest Revenue 11,400 Print Done