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The comparative balance sheets for Jellystone Park Corporation appear below: JELLYSTONE PARK CORPORATION Comparative Balance Sheet Dec 31, 2021 2020 Assets Dec. 31. Cash Accounts
The comparative balance sheets for Jellystone Park Corporation appear below: JELLYSTONE PARK CORPORATION Comparative Balance Sheet Dec 31, 2021 2020 Assets Dec. 31. Cash Accounts receivable Prepaid expenses Inventory Long-term investment in bonds Equipment Accumulated depreciation equipment Total assets $ 23,000 18,000 6,000 27,000 -0- 60,000 (18,000) $ 116,000 $ 12,000 14,000 9.000 18,000 18.000 30,000 (14,000) $ 87,000 Liabilities and Shareholders' Equity Accounts payable Bonds payable Common shares Retained earnings Total liabilities and shareholders' equity $ 21.000 37.000 40,000 18,000 $ 116.000 $ 9,000 45.000 23,000 10,000 $ 87,000 Additional information: 1. Profit for the year ending December 31, 2021 was $20,000. 2. Cash dividends of $12,000 were declared and paid during the year. Click Save and Submit to save and submit. Click Save All Answers to save all answers. e 99+ Remaining Time: 2 hours, 30 minutes, 17 seconds. Question Completion Status: Liabilities and Shareholders' Equity Accounts payable Bonds payable Common shares Retained earnings Total liabilities and shareholders' equity $ 21,000 37,000 40,000 18,000 $ 116,000 $9,000 45,000 23,000 10,000 $ 87,000 Additional information: 1. Profit for the year ending December 31, 2021 was $20,000. 2. Cash dividends of $12,000 were declared and paid during the year. 3. Long-term investments in bonds that had an amortized cost of $18,000 were sold for 516,000. Instructions Prepare a cash flow statement for the year ended December 31, 2021, using the indirect method. T T T Arial 3 (12pt) TEE- che scue and Submit to saue and submit. Click Save All Answers to save all answers
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