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TRANSATLANTIC CORPORATION BALANCE SHEET AS AT 2012 DECEMBER 31ST ASSETS 2012 Jan. 1st 2012 Dec. 31st Cash 9000 1200 Debtor 7000 7680 Stock 50000 44000

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TRANSATLANTIC CORPORATION BALANCE SHEET AS AT 2012 DECEMBER 31ST ASSETS 2012 Jan. 1st 2012 Dec. 31st Cash 9000 1200 Debtor 7000 7680 Stock 50000 44000 Land 40000 60000 Building 100000 110000 Machines 214000 244000 Depreciation -54000 -72000 1328000 470000 LIABILITIES Current 72000 82000 Loan from another company 42000 Loan from Bank 60000 50000 Capital and reserves 296000 298000 428000 472000 In the same year, the Company paid $42000 as dividend Required: Prepare the cash flow statement for year ended 2012

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