Please do not give solution in image format thanku The following is a condensed version of the comparative balance sheets for Shamrock Corporation for the last two years at December31.CashAccounts receivableInvestmentsEquipmentAccumulated depreciation-equipmentCurrent liabilitiesCommon stockRetained earnings(a)2025$238,950243,00070.200402,300(143,100)180,900216,000414.450Additional information:Investments were sold at a loss of $13.500; no equipment was sold; cash dividends paid were $40.500; and net income was $216,000.2024$105,300249,75099,900324,000(120,150)203,850216,000238,950Prepare a statement of cash flows for 2025 for Shamrock Corporation. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis eg. (15,000))Adjustments to reconcile net income toShamrock CorporationStatement of Cash FlowsDecember 31, 2025For the Quarter Ended December 31, 2025For the Year Ended December 31, 2025 Shamrock CorporationStatement of Cash FlowsAdjustments to reconcile net income toCash at Beginning of YearCash at End of YearCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used Investa ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in CashDOO

Cash flow statement :— It is one of the financial statements that shows change in cash and cash…

The following is a condensed version of the comparative balance sheets for Shamrock Corporation for the last two years at December 31. Cash Accounts receivable Investments Equipment Accumulated depreciation-equipment Current liabilities Common stock Retained earnings 2025 $238,950 243,000 (a) 70.200 402,300 (143.100) 180,900 216,000 414.450 2024 $105,300 249,750 99,900 324,000 (120,150) 203,850 216,000 238,950 Additional information: Investments were sold at a loss of $13.500; no equipment was sold; cash dividends paid were $40.500; and net income was $216,000. Prepare a statement of cash flows for 2025 for Shamrock Corporation. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in porenthesis eg. (15,000))

The following is a condensed version of the comparative balance sheets for Shamrock Corporation for the last two years at December 31. Cash Accounts receivable Investments Equipment Accumulated depreciation-equipment Current liabilities Common stock Retained earnings 2025 $238,950 243,000 (a) 70.200 402,300 (143.100) 180,900 216,000 414.450 2024 $105,300 249,750 99,900 324,000 (120,150) 203,850 216,000 238,950 Additional information: Investments were sold at a loss of $13.500; no equipment was sold; cash dividends paid were $40.500; and net income was $216,000. Prepare a statement of cash flows for 2025 for Shamrock Corporation. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in porenthesis eg. (15,000))

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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