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B D E G H 1 K ZOUT Z000 K 15,487 Income Statement Revenue Cost of goods sold All other expenses Net Income before tax Taxes Net Income after tax 11,026 A 1,230 920 80 B 1,169 1,496 100 M M 2,702 Statement of Retained Earnings Beginning Balance Net Income Dividends Paid Ending Balance Oz 65 55 P D Q Balance Sheet Assets Cash Property Plant and Equipment Other Assets Total Assets E 1,597 R S 1,750 10,190 13,026 T Liabilities Current liabilities Notes payable Other Liabilities Total Liabilities 2,569 69 8,344 F 5,403 3,138 72 . 117 118 . G Shareholders Equity Common Stock Retained Earnings U Other shareholders equity Total Shareholders Equity V Total Liabilities & shareholders Equity W 179 252 4,413 - H . Statement of Cash Flows Net Cash from operating activities Net cash from investing activities Net cash used by financing activities Increase/(decrease) in cash Cash at beginning of year Cash at end of year . 2 3 4 5 475 574 (1,045) 58 (709) 335 1 1,082 Y Z Problem Solution Sheet2 Sheet3 Sheet4