Complete the statement of cash flows for Year 2021 using the indirect method by filing in the spaces.  

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Sunflower Hotel Comparative Balance Sheets 31 December 2021 31/12/2020 31/12/2021 Assets HKS HKS Current Assets Cash and Bank 127,000 298,100 Credit Card Receivable 26,177 30,208 Marketable securities 15,400 2,000 Accounts Receivable 5,983 6,937 Inventories 12,880 14,500 Prepaid expenses 10,800 14,900 Total Current Assets 198,240 366,645 Property. Plant & Equipment Land 60,500 60,500 Building 828,400 884,400 Equipment 114,900 162,900 Furnishing 75,730 81,110 Less: Accumulated Depreciation (330,100) (422,000) Operating Equipment 16,600 18,300 Total Property, Plant & Equipment 766,030 785,210 Total Assets 964,270 1,151,855 Liabilities & Stockholders' Equity Current liabilities Accounts Payable 140,770 177,805 Accrued expenses 5,000 31,000 Taxes payable 14,900 15,150 Current mortgage payable 26,900 26,000 Total current liabilities 187,570 249,955 Long-term liabilities Mortgage payable 512,800 486,800 Total Liabilities 700,370 736,755 Stockholders Equity Common stock ($5 par) 200,000 300,000 Retained Earnings 63,900 115,100 Total Stockholders' Equity 263,900 415,100 Total Liabilities & Stockholders' Equity 964,270 1,151,855 Sunflower Hotel Comparative Balance Sheets 31 December 2021 31/12/2020 31/12/2021 Assets HKS HKS Current Assets Cash and Bank 127,000 298,100 Credit Card Receivable 26,177 30,208 Marketable securities 15,400 2,000 Accounts Receivable 5,983 6,937 Inventories 12,880 14,500 Prepaid expenses 10,800 14,900 Total Current Assets 198,240 366,645 Property. Plant & Equipment Land 60,500 60,500 Building 828,400 884,400 Equipment 114,900 162,900 Furnishing 75,730 81,110 Less: Accumulated Depreciation (330,100) (422,000) Operating Equipment 16,600 18,300 Total Property, Plant & Equipment 766,030 785,210 Total Assets 964,270 1,151,855 Liabilities & Stockholders' Equity Current liabilities Accounts Payable 140,770 177,805 Accrued expenses 5,000 31,000 Taxes payable 14,900 15,150 Current mortgage payable 26,900 26,000 Total current liabilities 187,570 249,955 Long-term liabilities Mortgage payable 512,800 486,800 Total Liabilities 700,370 736,755 Stockholders Equity Common stock ($5 par) 200,000 300,000 Retained Earnings 63,900 115,100 Total Stockholders' Equity 263,900 415,100 Total Liabilities & Stockholders' Equity 964,270 1,151,855

Answer rating: 100% (QA)

Explanation Cash Flow Statement The cash Flow Statement i... View the full answer