Question: Exampleco Inc Comparative Balance Sheets Additional Information: Equipment costing $ 2 0 , 0 0 0 ( net book value was $ 1 0 ,

Exampleco Inc
Comparative Balance Sheets
Additional Information:
Equipment costing $20,000(net book value was $10,000) was sold for $11,000.
No land was purchased in 2016.
Bonds payable amounting to $50,000 were converted into a like amount of no par value common stock.
Net income for 2016 was $105,000.
Cash dividends of $40,000 were declared and paid.
Fill in missing information
6
7
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Using the above information create a Statement of Cash Flows
 Exampleco Inc Comparative Balance Sheets Additional Information: Equipment costing $20,000(net book

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