Question: CONNECTICUT INC. table [ [ Assets , Dec. 3 1 , 2 0 1 0 , Jan. 1 , 2 0 1 0 ,

CONNECTICUT INC.
\table[[Assets,Dec. 31,2010,Jan. 1,2010,Inc./Dec.],[Cash,$ 45,000,$ 13,000,ess.000 linc.],[Accounts receivable,91,000,88,000,17,000 inc.],[Equipment,30.000,22,000,6,000 inc.],[Less: Accumulated depreciation,(17,000),(11.000),],[Total,$158,000,$112,000,],[Liabilities and Stocicholders' Equity,,,],[Accounts payable,$ 20,000,$ 15,000,5,000 inc.],[Common stock,100,000,80,000,20,000 Inc.],[Retained earnings,38,000,$17.000,],[Total,$158,000,$112,000,]]
Net income of $34,000 was reported, and dividends of $13,000 were paid in 2010. New equipenent: was purchased and none was sold.
Instructions
Prepare a statement of cash flows for the year 2010.E5-15(Preparation of a Statement of Cash How) Presented below is a condensed version of the co parative balance sheets for Sondergaard Comporation for the last two years at December 31.
\table[[,2010?,,2009?
CONNECTICUT INC. \ table [ [ Assets , Dec. 3 1 ,

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