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The income statment and the balance sheet, should be used for the same question Part One Prepare a cash flow statement for Attleboro Group: Additional

The income statment and the balance sheet, should be used for the same question
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Part One Prepare a cash flow statement for Attleboro Group: Additional Information: 1. A plant asset was purchased for $22,000, cash 2. Land was purchased for $25,400 cash 3. $8,500 of common stock was issued for cash $13,000 of Notes payable were paid off in cash 5. Cash dividends of $28, 200, were paid 4. Part Two: ATTLEBORO GROUP, INC. Income Statement Year Ended December 31, 2024 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Salaries Expense Depreciation Expense Other Operating Expenses Total Operating Expenses Operating Income Other Income and (Expenses): Interest Revenue Interest Expense Total Other Income and (Expenses) Net Income Before Income Taxes Income Tax Expense Net Income $76,300 15,300 49,600 11,500 (24,400) $441,000 205,400 235,600 141,200 94,400 (12,900) 81,500 16,200 $ 65,300 minn ATTLEBORO GROUP, INC. Comparative Balance Sheet December 31, 2024 and 2023 Assets Current Assets: Cash Accounts Receivable Merchandise Inventory Long-term Assets: Land Plant Assets Accumulated Depreciation-Plant Assets Total Assets Liabilities Current Liabilities: Stockholders' Equity Accounts Payable Accrued Liabilities Long-term Liabilities: Notes Payable Total Liabilities Common Stock, no par Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 2024 $ 14,000 42,000 96,800 36,400 121,250 (20,350) $ 290,100 $ 24,500 23,900 56,000 104,400 129,500 56,200 185,700 $ 290,100 2023 $ 15,500 43,700 93,300 11,000 112,850 (18,650) $ 257,700 $ 26,000 22,600 69,000 117,600 121,000 19,100 140,100 $ 257,700

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