Assignment 1 Cash Flow Analysis X POF Assignment Cash Flow.pdf - GoX C Get Homework Help With Cheo d/1ztOropiNYR_ORRLor2QWrkjAwgWJpAjF/view Open with QUESTION 1 On the basis of the following data for Axia Bhd for 2018 and the preceding year ended December 31, 2018, prepare a statement of cash flows. Assume that equipment costing RM125,000 was purchased for cash and equipment costing RM85,000 with accumulated depreciation of RM65,000 was sold for RM15,000; that the stock was issued for cash; and that the only entries in the retained earnings account were net income of RM51,000 and cash dividends paid of RM12,000. Year 2018 RM Year 2017 RM Cash Accounts receivable (net) Inventories Equipment Accumulated depreciation 100,000 78,000 101,500 410,000 (150.000 539.500 78,000 85,000 90,000 370,000 (158,000) 465.000 Accounts payable (merchandise creditors) Cash dividends payable Common stock, RM10 par Paid-in capital in excess of par-common stock Retained earnings 58,500 5,000 200,000 62,000 214.000 539.500 55,000 4,000 170,000 60,000 176.000 465.000 Page +