Question: I need help finding out the investing and financing sections. please Statement of Cash Flows Handout Data for Illustrative Problem: Assume that the records of

 I need help finding out the investing and financing sections. please

Statement of Cash Flows Handout Data for Illustrative Problem: Assume that the

I need help finding out the investing and financing sections. please

Statement of Cash Flows Handout Data for Illustrative Problem: Assume that the records of the Wolverine Company revealed the following information: Wolverine Company COMPARATIVE BALANCE SHEET December 31 Asses Cash and cash equivalents Marketable equity secunties Accounts receivable (net) 549,400 ,300 49,320 48,590 2018 2017 hangs $25,300 16,500 24,320 31,030 61,220 40.000 24,100 9,200) 25,000 17.500 5,880 21.300) Investment in 30% owned company Land Bulding 18,700 ( 79.100 81,500 (16250 (15,000 Less: Accumulated depreciation Total 384.75 $252.53 $122230 Accounts payable Income taxes payable Bonds payabla Less: Unemortized discount Deferred tax iability $17.330 4,616 115,000 4,616 65.000 150 50,000 848 Preferred stock Common stock Retained eamings Total 30,000 30,000) 00,000 53.100 110,000 30,000 384 750 $262.530 $122.230 Wolverine Company INCOME STATEMENT DATA For the Year Ended December 31,2018 S8les 8242,B0T Gain on sale of marketable equity securities Equity in earnings of 30% owned company Gain on sale of land 2.400 5,880 10 700 $261,787 Cost of sales General and administrative expense Depreciation Interest expense Income taxes Net income $138,407 22,010 1,250 1,150 34952 197762 $54.018

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