Use the financial statements (first tab) and other information (second tab) for Nutsy, Inc. e to complete the Statement of Cash Flows for 2019. NOTE: use whole dollars only. Do not use a $ sign. Do not use a decimal (e.g. use 10,000, not 10,000.00) and use a comma to separate thousands (e.g. use 10,000 not 10000). Indicate negative numbers with a minus sign (e.g. -10,000) Statement of Cash Flows for Nutsy, Inc. for the period ending December 31, 2019 Net Income Depreciation Expense Amortization Expense gain or loss on disposal of assets Accounts Receivable Inventory Prepaid Expenses Accounts Payable Wages Payable Income Tax Payable Cash provided (used) by Operating Activities Purchase of a building Proceeds from the sale of vehicle Cash provided (used) by Investing Activities Retirement of Bonds Dividends Paid Cash provided (used) by Financing Activities Net Increase (Decrease) in Cash Beginning Cash Balance Ending Cash Balance 2020 4,500,000 2,800,000 1,700,000 2019 4,000,000 2,200,000 1,800,000 2018 3,000,000 1,500,000 1,500,000 Nutsy Inc. Statement of Net Income Revenue Cost of Good Sold Gross Profit Operating Expenses Salaries Rent Interest Expense Depreciation Amortization Loss/ (gain) on sale of equipment Total Operating Expenses Net Income Nutsy Inc. Balance Sheet Cash Accounts Receivable, net of bad debt allowance Inventory Pre-paid expenses Total Current Assets Property, Plant and Equipment, net of depreciation Intangible assets, net of amortization Total Non-current assets TOTAL ASSETS 720,000 100,000 36,000 55,000 10,000 (8,000) 913,000 787,000 650,000 100,000 36,000 50,000 10,000 5,000 851,000 949,000 600,000 100,000 60,000 40,000 10,000 810,000 690,000 2020 3,103,400 850,000 570,000 75,000 4,598,400 2,610,000 100,000 2,710,000 7,308,400 2019 2,193,800 910,000 550,000 100,000 3,753,800 2,620,000 110,000 2,730,000 6,483,800 2018 2,300,000 800,000 500,000 120,000 3,720,000 2,380,000 120,000 2,500,000 6,220,000 440,000 30,000 157,400 627,400 400,000 50,000 189,800 639,800 300,000 25,000 100,000 425,000 Current Liabilities Accounts Payable Wages Payable Income Taxes Payable Total Current Liabilities Non Current Liabilites Bonds Payable Total Non Current Liabilities Total Liabilities Shareholder's Equity Common Stock, $10 par value Additional Paid In Capital Retained Earnings Total Shareholders Equity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 1,200,000 1,200,000 1,827,400 1,200,000 1,200,000 1,839,800 2,000,000 2,000,000 2,425,000 450,000 1,400,000 3,631,000 5,481,000 7,308,400 400,000 1,300,000 2,944,000 4,644,000 6,483,800 400,000 1,300,000 2,095,000 3,795,000 6,220,000 Other Transactions: 2019 1) Purchased a building for $300,000 cash 2) Sold a vehicle originally purchased for $40,000 for $5,000 cash. Accumulated depreciation on the vehicle was $30,000 at the time of the sale. 3) Retired bonds payable for $800,000 cash 4) Paid a cash dividend of $100,000 2020 1) Issued 100,000 shares of $1 par value common stock for $350,000 2) Sold equipment for $8,000. Equipment was originally purchased for $280,000. The equipment was fully depreciated at the time of sale. 3) Purchased equipment for $45,000 4) Repurchased stock for $200,000 5) Paid a cash dividend of $100,000