Question: all one question please show the steps and answer as soon as possible Vuon Plaster, Inc holds 80 percent of Stucco Company's outstanding common stock

all one question please show the steps and answer as soon as possible
all one question please show the steps and answer as soon as
possible Vuon Plaster, Inc holds 80 percent of Stucco Company's outstanding common

Vuon Plaster, Inc holds 80 percent of Stucco Company's outstanding common stock The following selected consolidated financial statement on tok 2019 and 2020 (credit balances indicated by parentheses) Plaster, Inc., and Consolidated Subsidiary Stucco 2019 Retained earnings, 1/1 S(620,000) Not income (262.000) Rotained earnings, 12/31 $(762.000) Cash $180,000 Accounts receivable 340,000 Inventory 420,000 Buildings and equipment (net) 1,300,000 Databases 340,000 Accounts payable $(320,000) Bonds payable (820,000) Noncontrolling interest in Stucco (84,000) Common stock (220.000) Additional paid-in capital (374,000) Revenues $(1,800,000) 2020 5(762,000) (338 000) S(880,000) $240,000 300,000 720.000 1.420.000 310.000 $1220,000) (1040.000) (122 000) 1280 000) (448 000) S(2.060,000) LA Activate Window 11 12 Common stock Additional paid in capital Revenues Cost of goods sold Depreciation and amortization Loss on sale of equipment Interest expense Consolidated net income to noncontrolling interest to parent company (720,000) (374,000) $(1 800,000) 1.220.000 200,000 -0 80.000 (200,000) (4450001 5 000 000) 1.300.000 240.000 50,000 80.000 38.000 42.000 $(262,000) $(338.000) Additional Information for 2020: The subsidiary purchased a building on 10 April for $410,000 in cash Amortization of databases amounts to $30,000 per year The parent issued stock for cash on 1 July The parent sold equipment with a cost of $160,000 but a $80,000 book value for cash on August 20 . During the year, the subsidiary paid dividends of S20,000 Both parent and subsidiary pay dividends in the same year as declared The parent issued bonds during the year for cash The only changes affecting retained earnings are not income and cash dividends paid Required: Prepare a consolidated statement of cash flows for this business combination for the year ending December 31, 2020,wing the videochaindom er the toolbar, press ALT+F10 (PO O ALTFN F10 (Mac). B x666 I VS Arial Paragraph A 2. BE 11 x? XX == 9 I. . N topt @ BE 1 1

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