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The following are relevant account balances from ABC's comparative balance sheet and 2019 income statement. ABC's balance sheets: Cash Accounts receivable Merchandise inventory Prepaid rent
The following are relevant account balances from ABC's comparative balance sheet and 2019 income statement. ABC's balance sheets: Cash Accounts receivable Merchandise inventory Prepaid rent Equipment Accumulated depreciation Total assets December 31, 2019 $ 6,000 8,000 29,000 6,000 100,000 (28,000) $121.000 January 1, 2019 $ 9,000 12,000 18,000 4,000 80,000 (13,000) $110.000 Accounts payable Unearned Revenue Common stock Retained earnings Total liabilities and shareholders' equity $ 9,000 6,000 38,000 68,000 $121.000 $ 25,000 4,000 32,000 49,000 $110.000 Other information: No equipment was sold or retired during 2019. ABC's net income for 2019 was $33,000. Prepare the statement of cash flow for 2019
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