Question: based off the info above, please fill in the statement of cash flows below. Exercise 12-4 Your answer is partially correct. Try again The current


Exercise 12-4 Your answer is partially correct. Try again The current sections of Cheyenne Corp. balance sheets at December 31, 2016 and 2017, are presented here. Cheyenne Corp.net income for 2017 was $168,912. Depreciation expense was $29,808. $ 109,296 Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable $115,920 88,320 185,472 29,808 $419,520 3421,728 $ 16,560 93,540 $110.400 $ 5,520 101.56 Total current Babies $ 107, Cheyenne Corp. Partial Statement of Cash Flows For the Year Ended December 31, 2017 - Net Income 168912 Adjustments to reconcile net income to
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
