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Waddell Company had the following balances in its accounting records as of December 31, Year 1 : The following accounting events apply to Waddell Company's

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Waddell Company had the following balances in its accounting records as of December 31, Year 1 : The following accounting events apply to Waddell Company's Year 2 fiscal year: Required: use OA to designate operating activity, IA for investment activity, FA for financing activity, and NC for net change in cash. a. What amount would Waddell report for land on the balance sheet? b. What amount of net cash flow from operating activities would be reported on the stytement of cash flows? c. What amount of total liabilities would be reported on the balance sheet? d. What amount of net cash flow from investing activities would be reported on the statement of cash flows? e. What amount of total expenses would be reported on the income statement? f. What amount of service revenue would be reported on the income statement? g. What amount of cash flows from financing activities would be reported on the statement of cash flows? h. What amount of net income would be reported on the income statement? i. What amount of retained earnings would be reported on the balance sheet? Show the effects of the Events on the financal statements usingrthe foliowing horizontal statements model. In the Cash flow column, use OA to designate operating activ and Ne for net change in cash. Notei-Enter aoy decreases to account balances with a minus sign. Not all cells in the "5tatement of Cash Fiows" column may require an inpat. leave cells blank if there is a. What amount would Waddell report for land on the balance sheet? b. What amount of net cash flow from operating activities would be reported on the statement of cash flows? c. What amount of total liabilities would be reported on the balance sheet? d. What amount of net cash flow from investing activities would be reported on the statement of cash flows? e. What amount of total expenses would be reported on the income statement? f. What amount of service revenue would be reported on the income statement? 9. What amount of cash flows from financing activities would be reported on the statement of cash flows? h. What amount of net income would be reported on the income statement? 1. What amount of retained earnings would be reported on the balance sheet

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