whats the statement of ch flows for this equation? A Screen Shot 2021-12-01 at 8.14.40 AMQ SearchICome sTCremenNIGrem I TTIOWSLiabEquityAPICNotes PayNet IncomeCommon Stock200.000.00 $Retain Earnings176.167.00Wages PayAccount TitlesRevenueExpenseТуреAmount100,000.00 $550.000Financing550.000$ 1,500.000$ (300.000)Statement of Cash Flows550,000 $950,000FinancingInvestingNon CashYear 2Cash flows from operating activitiesCash receipts from revenueCash payments for expenses52,50052,50052.500Non Cash(29,150)29,150 $(29,150]Non CashOperatingOperating70,000(117,250)Non CashNet cash flow from operating activities612,500(254,100)612.500612.500Non Cash(254.100)254,100 $Cash flows from investing activities:Non CashOperatingOperatingNon Cash472,500Cash payments to purchase equipment(218.600)Cash flows from financing activities:Cash receipts from borrowing fundsCash receipts from issuing common stockCash payments to repay borrowed fundsCash payments for dividends700,000(272.850)700.000700,000Non Cash(272,850)272.850 $Non Cash735.000(494,150)OperatingOperatingNon CashOperatingOperating[30.000) Net cash flow from financing activities(75.708)(30,000)30,000 s(75,708)(40.000)(150,000)(87,500)(30,000)(75,708)(40,000)(150,000)(87,500)75.70840.000 $Net increase/(decrease) in cash40.000OperatingOperating13 (150,000) Plus: beginning cash balance(87,500) Ending cash balance150,00087,500 $(50.000)$(38,500)2438,500 $(38,500)Operating(88,500)(37,429)37,429 $(37,429)Non Cash..2.50 AM 2021-11...22.35 PM TAXES2...9309044 2021-10...4.01 PM(10.000)Non Cash(10.000)750.000Financing349.763 Net Change in Cash 3 1,755.792500.000 S40.000 $$1.050.000 S515,9301.365.000 $ 1.015.237 3 Balance SheetAssetsEquipmentLiDiv PayEventsLand$ 50,000.00 $Accum Depr8,333.00 $CashAcct RecInventoryBuilding250.000.00Acct Pay257,000.00 $ 17,500.00 $ 28,000.00Beginning Balances as of Dec 31, Year 1Acquired $550,000 by signing a note payable with a local bank2. Sold 25,000 shares of $22 Common Stock for $1,500,0003. Purchased Equipment for $300,000.Purchased Inventory on Account - 25,000 Units at $1.15 per unit5a. Sold 15,000 units at $3.50 on Account5b. COGS for Sales on Account6. Collect $70,000 on Account7. Paid $117,250 of Accounts Payable8. Purchased Inventory on Account - 170,000 Units at $1.50 per unit9a. Sold 175,000 units at $3.50 on Account9b. COGS for Sales on Account10. Collect $472,500 on Account11. Paid $218,600 of Accounts Payable12. Purchased Invenfory on Account - 275,000 Units at $1.35 per unit13a. Sold 200,000 units at $3.50 on Account13b. COGS for Sales on Account14. Collect $735,000 on Account15. Paid $494,150 of Accounts Payable16. Purchased Inventory on Account - 300,000 Units at $1.15 per unit17. Paid Sales & Marketing Expenses of $30,00018. Paid Operating Expenses of $75,70819. Record Wages Payable of $40,00020. Paid Product Line Research & Development Expenses of $150,000|21. Paid Advertising Expenses of $87,50024118,000.00550,0001,500,000(300,000)$ 300,00028,75028,75052,500(29,150)70,000 $(117,250)(70,000)(117,250)255,000255.000612,500(254,100)472,500 $(472,500)(218,600)$ (218,600.00)371,250371,250700.000(272,850)|-735,000 $(735,000)|-(494.150)|-$ (494,150.00)345,000345.000.00(30,000)(75,708)-(150,000)(87,500)22. Made the yearly required payment on the note payable. The note caries a 7%$interest rate and requires payments of $50,000 plus interest each December 31.(88,500)23. Record first year of Depreciation on Equipment Purchased in Year 2 with SalvageValue of $38,000 & useful life of 7 Yrs24. Declared a $10,000 cash dividend for stockholders25. Paid a $10,000 cash dividend for stockholdersBalance at end of Yr 237,429.0010,000.00(10,000)2,012,792 $(10,000.00)105,000 $471,900 $ 300,000 $50,000 S250,000 -$45,762 $288,000 $Total Assets3.143.930Total Liabilities & Equity3,143,930

Name: whats the statement of ch flows for this equation? A Screen Shot 2021-
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: whats the statement of ch flows for this equation? A Screen Shot 2021-12-01 at 8.14.40 AMQ SearchICome sTCremenNIGrem I TTIOWSLiabEquityAPICNotes PayNet IncomeCommon Stock200.000.00 $Retain Earnings176.167.00Wages PayAccount TitlesRevenueExpenseТуреA

The cash flow statement is prepared to record cash flow from various activities during the period.

Business

Accounting

Revenue Expense Net Income Type Amount Froncing Financing Investing Non Cash Non Cash Non Cash Operating Operating Non Cash Non Cash 550 000 S 1,500.000 p00.000 Statement of Cash Flows Year 2 Cash flows from operating activities Cash receipts from revenue Cash payments for expenses $2.500 $2.500 29,150 3 (29.150 70.000 6 17250 Net cash flow from operating activities 612.500 (254.100 612.500 Cash flows from investing activities: Cash payments to purchase equipment 254.100 3 Non Cash 472.500 218.400 Operating Operating Non Cash Non Cash Non Cash Cash flows from financing activities: Cash receipts from borrowing funds Cash receipts from issuing common stock Cash payments to repay borrowed funds Cash payments for dividends [30 000 Net cash flow from financing activities 700.000 13 700.000 272850 3 272.850 735.000 (494.1S0 Operating Non Cash 30.000 75.708 3 40.000 3 150.000 (150.000 87.500 3 [30.000 (75.708) (40.000 Operating Operating (75.708) Operating Operating Net increase/(decrease) in cash 3 (150.000) Plus: beginning cash balance 187.500 Ending cash balance (87 500 38.500 S (38.500 Operating 88.500) 37429 $ (37,429) Non Cash 2.50 AM 2021-11.22.35 PM TAXES2.9309044 2021-10.4.01 F