Question: I need help completing this! Attempt Progr The following information is available for Kingbird Corporation for the year ended December 31, 2022: Collection of principal

I need help completing this!
I need help completing this! Attempt Progr The following information is available
for Kingbird Corporation for the year ended December 31, 2022: Collection of
principal on long-term loan to a supplier Acquisition of equipment for cash

Attempt Progr The following information is available for Kingbird Corporation for the year ended December 31, 2022: Collection of principal on long-term loan to a supplier Acquisition of equipment for cash Proceeds from the sale of long-term investment at book value Issuance of common stock for cash Depreciation expense Redemption of bonds payable at carrying (book) value. Payment of cash dividends Net income Purchase of land by issuing bonds payable Cash Accounts receivable (net) Prepaid insurance Total current assets Accounts payable Salaries and wages payable Total current liabilities In addition, the following information is available from the comparative balance sheet for Kingbird at the end of 2022 and 2021: 2022 $150,000 26,400 18,800 2021 $91,500 16,900 13,800 $195,200 $122,200 $30,200 $19,900 6,100 $36,300 $27,000 $15,000 12,500 7,100 22,400 20,500 27,400 39,300 7.700 37,900 49,300 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Increase in Accounts Receivable Increase in Prepaid Insurance KINGBIRD CORPORATION Statement of Cash Flows For the Year Ended December 31, 2022 Increase in Accounts Payable Decrease in Salaries and Wages Payable Cash Flows from Operating Activities Cash Flows from Investing Activities Collection of Long-Term Loan Purchase of Equipment S 27400 -9500 -5000 10300 -1000 15000 -12500 37900 60100 24900 Purchase of Equipment Proceeds from the Sale of Investments Cash Flows from Investing Activities Cash Flows from Financing Activities Proceeds from the Sale of Investments Redemption of Bonds Payment of Dividends Cash at Beginning of Period -12500 22400 20500 -39300 -7700 24900 26500 58500 91500 150000

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