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4. Mushroom's Shop Balance Sheet as of December 31 Mushroom's Shop Income Statement 2018 12/31/2018 12/31/2017 Assets: Service Revenue 436,500 Total Revenue 436,500 Cash Accounts
4. Mushroom's Shop Balance Sheet as of December 31 Mushroom's Shop Income Statement 2018 12/31/2018 12/31/2017 Assets: Service Revenue 436,500 Total Revenue 436,500 Cash Accounts Recr. Inventory Prepaid Rent Land Building Accum. Depr-Bldg 41,600 125,900 168,000 3,600 174,000 258,000 -58,300 712,800 28,200 110,700 168,000 2,500 60,000 210,600 -49,600 530,400 Depreciation Expense Wages Expense Salaries Expense Loss on Sale of Land Total Other Expenses 8,700 289,800 52,800 6,000 Total Assets 357,300 Liabilities: 79,200 Accounts Payable Salaries Payable Wages Payable 111,000 28,000 15,000 154,000 114,200 15,800 12,000 142,000 Net Income Other Information: 1. Old land with a book value of 60,000 was sold for 54,000. 2. Purchased new land for 174,000 3. Issued common stock for 151,200. 4. Dividends of 60,000 were paid in 2018 Total Liabilities Stockholders' Equity: Common Stock Excess of Par-CS Retained Earnings 67,200 264,000 227,600 558,800 60,000 120,000 208,400 388,400 Total Equity Total Liabilities and Equity 712,800 530,400 Write out ONLY the Operating Activities Section of the Statement of Cash Flows for Mushroom's Shop, showing good format. Label EVERY number
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