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(working with a statement of cash flows) prepare a statement of cash flows for Abrahams man 3-12. (Working with a statement of cash flows) Prepare

(working with a statement of cash flows) prepare a statement of cash flows for Abrahams man
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3-12. (Working with a statement of cash flows) Prepare a statement of cash flows for Abrahams Manufacturing Company for the year ended December 31, 2015. Interpret your results. Abrahams Manufacturing Company Balance Sheet for 12/31/2014 and 12/31/2015 2015 2014 89,000 64,000 112,000 10,000 275,000 238,000 (40,000) $100,000 Cash Accounts receivable Inventory Prepaid expenses Total current assets Gross plant and equipment Accumulated depreciation Total assets 70,000 100,000 10,000 280,000 311,000 (66,000) $525,000 $473,000 $90,000 -63.000 85,000 68,000 153,000 70,000 Accounts payable Accrued liabilities Total current debt Mortgage payable Preferred stock Common stock Retained earnings Total debt and equity 153,000 205,000 45,000 473,000 120,000 205,000 47,000 525,000 3-12. (Working with a statement of cash flows) Prepare a statement of cash flows for Abrahams Manufacturing Company for the year ended December 31, 2015. Interpret your results. Abrahams Manufacturing Company Balance Sheet for 12/31/2014 and 12/31/2015 2015 2014 89,000 64,000 112,000 10,000 275,000 238,000 (40,000) $100,000 Cash Accounts receivable Inventory Prepaid expenses Total current assets Gross plant and equipment Accumulated depreciation Total assets 70,000 100,000 10,000 280,000 311,000 (66,000) $525,000 $473,000 $90,000 -63.000 85,000 68,000 153,000 70,000 Accounts payable Accrued liabilities Total current debt Mortgage payable Preferred stock Common stock Retained earnings Total debt and equity 153,000 205,000 45,000 473,000 120,000 205,000 47,000 525,000

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