Question 46 The Kingle Delivery Company, Inc. has the following financial information available for the year ended 12/31/2010 S65.000 S25.000 decrease Net Income Accounts Receivable Merchandise Inventory Cash Balance at January 1, 2019 Accounts Payable Property, Plant and Equipment (PP& ) had the following Transactions $20.000 increase S208,500 S18.600 increase $26,500 $28.900 560.000 Annual Depreciation Expense Cash Purchase of New Packaging Equipment Other les involving PPE Cost of old delivery Sleigh (purchased 4 years ago) Accumulated Depreciation on Sleigh through date of sale Proceeds from sale of old Sleigh (cash sale) Issuance of Common Stock proceeds used for general corporate purposes $42.000 $22,500 $250,000 Prepare a statement of Cash Flows (Indirect method), putting cach item in the appropriate section. You can copy and past the pre-printed template below into your answer section, or create your own table. You may not need to use each pre-printed space (you may have blanks in some cases). A hint or two is provided in that some of the line items are pre-printed. (6 points) OPERATING SECTION Amount MacBook Pro 8 o w 2 E T A S D D F G K 72 x v B M tror Bror OPERATING SECTION Amount Net Income $65.000 Net Cash from/used by) Operations INVESTING SECTION Proceeds from sale of old Sleigh (cash sale) $22,500 Net Cash from/used by) Investing S FINANCING SECTION Issuance of Common Stock proceeds used $250.000 MacBook Pro Y CA A S F G -17 2 X V M COPE */ 34 Net Cash from/used by) Operations INVESTING SECTION Proceeds from sale of old Sleigh (cash sale $22.500 Net Cash from used by) Investing S FINANCING SECTION Issuance of Common Stock proceeds used for general corporate purposes $250,000 Net Cash from/used by) Financing S TOTAL NET EFFECT ON CASH S MacBook Pro 7 2 o 7 e W R T y s weder V B 36 Comprar M Given the above information, what figure would you expect to see on the Kringle Delivery Company, Inc Balance Sheet as the December 31, 2019 Cash balance? Please show how (computation) you determined this figure. (2 points) UA-A- TE 31 1 X TTT 12pt - Paragraph HH I O words MacBook Pro w ZZ K