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The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, is shown as follows: Dec 31, 2013 Dec 31, 2012 Assets 3

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The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, is shown as follows: Dec 31, 2013 Dec 31, 2012 Assets 3 Cash Accounts receivable (net) 5 Inventories $625,680.00 228,100.00 640,910.00 0.00 6 Investments 7 Land $586,230.00 208,850.00 617,650.00 240,620.00 0.00 553,320.00 (147,840.00) $2,058,830.00 328,090.00 704,540.00 (166,310.00) $2,361,010.00 $404,550.00 8 Equipment 9 Accumulated depreciation-equipment 10 Total assets Liabilities and Stockholders' Equity 12 Accounts payable (merchandise creditors) 13 Accrued expenses payable (operating expenses) 14 Dividends payable 15 Common stock, S4 par 16 Paid-in capital: Excess of issue price over par-common stock 17 Retained earnings 1B Total liabilities and stockholders' equity 52,020.00 20,170.00 $425,280.00 41,990.00 24.190.00 142,000.00 416,700.00 1,310,850.00 106,000.00 279,900.00 1,196,190.00 $2,058,830.00 $2361,010,00 Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows: A. The investments were sold for S279.190 cash. B. Equipment and land were acquired for cash. C. There were no disposals of equipment during the year. D. The common stock was issued for cash. E. There was a $211.240 credit to Retained Earnings for net income. F. There was a $96,580 debit to Retained Earnings for cash dividends declared. Prepare a statement of cows, where todo p o r complete the reading of the montre he missionate cash out fwscash payments, decr e Antwerp tuments word of the w orld e L ine Stament of Cash Flows 1 cash flows from s ing activities Adjustments to reconcile net income to net cash flow from operating activities Changes in tren ings and Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: 13 Cash flows from investing activities: 19 Cash flows from financing activities: 24 Cash at the beginning of the year 25 Cash at the end of the year

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