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Working with a statement of cows Gwen the balance sheet and come statement repare a statement of cash flows for Abrahams Manufacturing Company for the

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Working with a statement of cows Gwen the balance sheet and come statement repare a statement of cash flows for Abrahams Manufacturing Company for the year ended January 31, 2018 Ainformation 1 The only entry in the accumulated depreciation account is for 2016 depreciation The firm paid 518 524 in common stock dividendiduing 2018 Compiuto e operating active part of the statement of cash flow (Moond to the nearest deilur NOTE wput cash inton as positive values and cash outlown as negative vibes) State of Cash Flows Cash Flows from Outing Active Natcom 5 2194 Mente Deprecat 30 000 Incrccounts receive 1440 Devon 15400 Incry 1000 De Ward 1.000 Net vided by its Complete a veneto per cento com how Round to the rest dla noreput cash Intowe pentru vader and one outlaws as repeatene) Statement of Cash Front Cash Flow from investing Active incat Nel caso inwesting activities Abrahams Manufacturing Company Income Statement for the Year Ended 1/31/2018 2018 Sales $ 185.000 60.000 125.000 Cost of goods sold Gross profit Selling, general and administrative expenses Depreciation expense Operating income 43.000 30,000 52.000 2.700 Interest expense Earnings before taxes Taxes 49.300 Preferred stock dividends 15.776 12.000 Earnings available to common stockholders 21,524 Abrahams Manufacturing Company Balance Sheet for 1/31/2017 and 1/31/2018 2017 2018 Cash $ Accounts receivable 89,000 64,000 112,000 10,000 $ 112,000 68,400 93,600 10,000 Inventory Prepaid expenses Total current assets Gross plant and equipment $ 275,000 238,000 (40,000) $ 284,000 315,000 (70,000) $ 529,000 Accumulated depreciation $ 473,000 Total assets Accounts payable $ $ 85,000 68,000 96,000 57,000 Accrued liabilities Total current debt $ 153,000 $ 153,000 70,000 0 Mortgage payable Preferred stock 0 Common stock 205,000 45,000 123,000 205,000 48,000 Retained earnings Total debt and equity $ 473,000 $ 529,000

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