Question: For this question, you will need to do the following Download the attached document Question 20 Statement of Cash Flow Templatexlsx and save to your

 For this question, you will need to do the following Download

For this question, you will need to do the following Download the attached document Question 20 Statement of Cash Flow Templatexlsx and save to your computer. Complete the problem on your computer. . Once completed you will need to upload the document back to Canvas. Prepare a statement of cash flows us in the information provided below and amounts indicated on the attached template. CD Corporation has the following for 2020: Net Income $145,000 Depreciation was $4,250 Sold Equipment with a cost of $32,000, Accumulated Depreciation $15,000 for $22.500 Cash Sold Common Stock of $250,000 Paid a Dividend of $6,500 Balance Sheet Balances 2020 2019 Cash 882.500 425,000 Accounts Receivable 575.500 275,500 445,000 Merchandise Inventory | | 900.000 Prepaid Expenses 67,500 82.500 Equipment 68,000 100,000 Accumulated Depreciation Building (29,250) 140.000) Accounts Payable 590.100 737350 Wages Payable 65.000 40.000 Retained Earnings 254150 115,650 Common Stock 1.100.000 850,000

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