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B C D E F H I J K M N O P Q R S T U V W X Y 31-Dec INSTRUCTIONS: Given the information provided, prepare the statement of cash flow in proper format You may use the worksheet if it is helpful. The worksheet is not required. Jeffers Corp. Statement of Cash Flows For the Year Ended December 31, 2019 BEGINNING ADJUSTHENTSENDING BALANCES DEBITS CREDITS BALANCES 7 DEBIT BALANCE ACCOUNTS 8 Cash 17,000 39,000 9 Accounts receivable 18,000 30,000 10 Inventory 51,000 64,000 11 Investments 53,000 39,000 12 Plant assets 101,000 160,000 240,000 332,000 ADDITIONAL INFORMATION Net income for 2019 57.000 Depreciation expense for the year 20,000 24,000 Cash dividends declared and paid during thi. 15 16 17 18 19 20 21 CREDIT BALANCE ACCOUNTS Accumulated depreciation Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings 20,000 24,000 9,000 35,000 100,000 52,000 240,000 22,000 25,000 7,000 73,000 120,000 85,000 332,000 Cash received for equipment sold Original cost of equipment Gain on sale of equipment 6,000 21,000 3,000 Additional equipment purchased for cash 80,000 STATEMENT OF CASH FLOW EFFECTS OPERATING ACTIVITIES Investments for sold at cost Bonds payable were issued Common stock was issued INVESTING ACTIVITIES 39 FINANCING ACTIVITIES 44 45 46 Totals Change in cash Totals