Question: Complete balance sheet and prepare a statement of changes in retained earnings Following is a statement of cash flows (indirect method) for Hartford, Inc., for


Complete balance sheet and prepare a statement of changes in retained earnings Following is a statement of cash flows (indirect method) for Hartford, Inc., for the year ended December 31, 2017. Also shown is a partially completed comparative balance sheet as of December 31, 2017 and 2016: 9 HARTFORD,INC Statement of Cash Flows For the Year Ended December 31,2017 Cash Flows from Operating Activities: $ 54,000 Add (deduct) items not affecting cash: 138,000 (42,000) 72,000 (36,000) $456,000 Net cash provided by operating activities..__. ...__......_. . . . Cash Flows from Investing Activities: Purchase of buildings (288,000) $(588,000) Net cash used by investing activities . ..__.. ...._....... _.... . ..__.. . .. Cash Flows from Financing Activities: . 30,000 (150,000) 60,000 (18,000) Net cash used by financing activities... _..... .._.... ..___.. . ..___ . . . .. $(78,000) Net decrease in cash for the year... . . . .___.. ..._.. .. . _......... $(210,000) Cash used for retirement of long-term debt. ....__. .___... ..._... Proceeds from issuance of common stock __ .. .._....._... . ._ . . . . . Payment of cash dividends on common stock___ . .._. _ . . . .__. .. .._
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