Question: Answer the question given the following data: Assets Liabilities 2022 2023 2022 2023 Cash $ 15,000 $ 24,000 Accounts Payable $ 30,000 $ 20,000 Accounts

Answer the question given the following data:

Assets Liabilities
2022 2023 2022 2023
Cash $ 15,000 $ 24,000 Accounts Payable $ 30,000 $ 20,000
Accounts Receivable $ 40,000 $ 37,000 Salaries Payable $ 5,000 $ 7,000
Prepaid Expenses $ 10,000 $ 15,000 Current Liabilities $ 35,000 $ 27,000
Current Assets $ 65,000 $ 76,000
Notes Payable $ 50,000 $ 70,000
Fixed Assets $ 105,000 $ 140,000
Accumulated Depreciation $ (25,000) $ (28,000) Total Liabilities $ 85,000 $ 97,000
Net Fixed Assets $ 80,000 $ 112,000
Equity
Common Stock, Par Value $ 4,000 $ 6,000
Additional Paid in Capital $ 40,000 $ 60,000
Treasury Stock $ (2,000) $ (4,000)
Retained Earnings $ 18,000 $ 29,000
Total Equity $ 60,000 $ 91,000
Total Assets $ 145,000 $ 188,000 Total Liabilities & Equity $ 145,000 $ 188,000
Information for 2023:
1). Net Income was $14,000
2). Dividends declared and paid were $3,000
3). Depreciation Expense was $7,000
4). As of Jan 1, 2023, 4,000 shares of $1 par value common stock were issued.
5). As of Jan 1, 2023, 1000 shares were reacquired.
6). Fixed assets that cost $10,000, had accumulated depreciation of $4,000 were sold for $7,000
7). 1,000 shares of stock were reacquired during the year.
8) An additional loan of $20,000 was taken out during the year.

1) What is the change in cash in 2023?

2) What is the change in cash from operations?

3) What is the change in cash from investing activities?

4) What is the change in cash from financing activities?

5) What is the adjustment in operating activities related to the sale of the fixed asset in 2023?

6) What is the adjustment in operating activities related to the change in A/R? in 2023?

7) What is the adjustment in investing activities related to the purchase of fixed assets during 2023?

8) What is the adjustment in investing activities related to the sale of fixed assets in 2023?

9) What is the adjustment in financing activities related to the dividends paid during 2023?

10) What is the adjustment in financing activities related to the stock issued during 2023?

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