Question: I just need help making sure what I have so far is correct and then figuring out how to find the numbers as well. Thank

 I just need help making sure what I have so far

I just need help making sure what I have so far is correct and then figuring out how to find the numbers as well. Thank you so much

is correct and then figuring out how to find the numbers as
well. Thank you so much Problem 11:45 Prepare a statement of cash
flows-indirect method (LO11-2 11-3, 11-4, 11-5) T ESTO Greve For year ended

Problem 11:45 Prepare a statement of cash flows-indirect method (LO11-2 11-3, 11-4, 11-5) T ESTO Greve For year ended Dec 11, 2071 5 52.5 4,220 9.000 1.120 27,02 220,000 11.00 212,520 S9,620 11.02 212.00 63,6 Total listies and stockholders' equity S L additional information for 2006 ES DOO 2. 0 5.0 53.00 $2.500 a nsen R$1.000 ha y ng a $1.000 arte este 4. Dem a nde The Clash wenden deres eget Stanto how er 11 Homework 0 Problem 11-4B Prepare a statement of cash flows-indirect method (LO11-2, 11-3, 11-4, 11-5) The income statement, balance sheets, and additional information for Virtual Gaming Systems are provided. $2,510,000 2,500 2,512,500 VIRTUAL GAMING SYSTEMS Income Statement For the year ended December 31, 2021 Net Sales Gain on sale of land Total revenues Expenses: Cost of goods sold $1,605,000 Operating expenses 606,009 Depreciation expense 24,000 Interest expense 25,000 Income tax expense 71,000 Total expenses Net income Properties of various threads 2,331,000 $ 181,500 VIRTUAL GAMING SYSTEMS Balance Sheets December 31 2021 2020 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: $ 211,140 73,900 146,500 4,068 $ 154,980 89,000 136,000 6, 120 er 11 Homework VIRTUAL GAMING SYSTEMS Balance Sheets December 31 2021 2020 $ 211,140 73,989 146,500 4,060 $154.980 89,000 136,000 6,120 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investments Land Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term habilities Notes pay Properties of various threads Stockholder Common stock Retained earnings Total liabilities and stockholders' equity 196,000 210,500 232,000 (129,500) $944.600 110,000 261,000 211,000 (105,500) $ 862,600 $ $ 30,500 4,200 21,400 89,000 3,100 24,500 247,000 226,000 361,000 280,500 $ 944,600 310,000 210,000 $ 862,600 Additional Information for 2021: 1. Purchase additional investment in stocks for $86,000. 2 Sell land costing $50,500 for $53,000, resulting in a $2.500 gain on sale of land 3. Purchase $21,000 in equipment by issuing a $21,000 long-term note payable to the seller. No cash is exchanged in the transaction 4. Declare and pay a cash dividend of $111,000. 5. Issue common stock for $51,000

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