Question: Can anyone help me with completing Unit 3 part 2 of BUS-FP3061 Fundamentals of Accounting? I have hit a wall. Thank you. BUS-FP3061 Fundamentals of

Can anyone help me with completing Unit 3 part 2 of BUS-FP3061 Fundamentals of Accounting? I have hit a wall. Thank you.

Can anyone help me with completing Unit 3 part 2 of BUS-FP3061

BUS-FP3061 Fundamentals of Accounting Assessment 3, Part 2 Template Instructions: Download and save a copy of this Excel file. Using the information from this worksheet, prepare the cash flow statement on the next worksheet. Skylar Enterprises, Inc. Comparative Balance Sheets Assets Cash Accounts receivable Inventory Land Equipment Accum. Depreciation - Equipment Total Liabilities and Equities Accounts payable Bonds payable Common stock Retained earnings Total 12/31/2012 $73,000 $85,000 $170,000 $75,000 $260,000 -$66,000 $597,000 1/1/2012 $22,000 $76,000 $189,000 $100,000 $200,000 -$32,000 $555,000 Difference $51,000 $9,000 $19,000 $25,000 $60,000 $34,000 $39,000 $150,000 $216,000 $192,000 $597,000 $47,000 $200,000 $174,000 $134,000 $555,000 $8,000 $50,000 $42,000 $58,000 Additional Information: 1. Net income for 2012 was $103,000. 2. Cash dividends of $45,000 were paid. 3. Bonds payable amounting to $55,000 were redeemed. 4. Common stock was issued for $42,000 cash. 5. No equipment was sold during 2012. 6. Land was sold at cost during 2012. Skylar Enterprises, Inc. Statement of Cash Flows - Indirect Method For the Year Ended December 31, 2012 Cash Flow from Operating Activities: Cash Flow from Investing Activities: Cash Flow from Financing Activities

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