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The following information was drawn from the records of Bennett Company: Common stock issued Cash flow from investing activities Notes payable (ending) Service revenue Other

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The following information was drawn from the records of Bennett Company: Common stock issued Cash flow from investing activities Notes payable (ending) Service revenue Other operating expenses Salary expense Interest payable (ending) Common stock (beginning) Cash flow from operating activities Cash (beginning) Paid cash to reduce accounts payable $ 5,100 (33,000) 11,000 44,500 21,000 11,000 3,100 41,000 34,000 22,500 19,000 Retained earnings (beginning) Cash flow from financing activities Accounts payable (ending) Dividends Cash (ending) Accounts receivable (ending) Interest expense Accrued salaries payable (ending) Land (ending) Cash collected from accounts receivable $16,000 2,100 18,000 3, 100 25,600 19,000 4,100 5, 100 60,000 66,000 Required a. Use the appropriate accounts and balances from Bennett Company to construct an end of period income statement, a statement of changes in stockholders' equity, a balance sheet, and a statement of cash flows. b. Assume all revenue was recognized on account. Determine the beginning accounts receivable balance. c. Assume the accounts payable account is associated with other operating expenses and that all other operating expenses are incurred on account. Determine the beginning accounts payable balance

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