Question: Chapter 13 Financial Statement Problem [Extra Credit - 10 Points] Information for Happiness, Inc, is listed below. Use the below information to complete the following

Chapter 13 Financial Statement Problem [Extra Credit - 10 Points] Information for Happiness, Inc, is listed below. Use the below information to complete the following items: 1) Multiple Step Income Statement for the Year ended December 31, 2022 2) Statement of Stockholders' Equity for the Year ended December 31, 2022 3) Comparative Balance Sheet for December 31, 2022 \& 2021 4) Statement of Cosh Flows for the Year ended December 31, 2022 Additional Information for the Cash Flow Statement: 1) Cash received from the sale of investments was $2,500,000 2) Cash used to purchase new equipment was $3,145,210 3) Cash used to purchase new machine was $220,000 4) Cash received from the sale of equipment was $1,930,420 5) Cash used to purchase land was $8,000,000 6) Dividends declared were $275,000 7) Cash used to pay down note payable was $300,000 8) The company issued additional shares of common stock
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