Question: I need the cash flow statement for this one. GLOBE TM DO YOM ... 210101 77% )7:42 PM Cash Flow Prep... 2 : Adopted from

I need the cash flow statement for this one.

GLOBE TM DO YOM ... 210101 77% )7:42 PM Cash Flow Prep... 2 : Adopted from Financial Management Part 1, by Ferdinand L Timbong, CPA, MSCF The Balance Sheet of AMC Company for 2013 and 2014 contains the following facts and figures. Based on the given information, prepare the cash flow statement for the year ended 2014. 2014 2013 Cash 87,375.00 63,750.00 Available for sale securities (not cash equivalents) 17,250.00 105.090.00 Accounts Receivables 90,000.00 86.290.00 Merchandise Inventory 187,500 00 163,500.00 Prepaid Insurance 1,125.00 1.500.00 Land, Building, and Equipment 1,378,875.00 1,087,500,00 Accumulated Depreciation (558,750 00) (498,750.00) Total 1,203,375.00 1,008,750.00 Accounts Payable 153,375.00 236 250.00 Salaries Payable 18,750 00 26,250.00 Notes Payable - bank (current) 37,500.00 150,000.00 Bonds Payable 375,000.00 Common Stock 600,000.00 600,000.00 Retained earnings [Deficit) 18 750.00 (3,750.00) Total 1,203,375.00 1,008,750.00 Additional information 1 The company's old available for sale securities (not cash equivalents] costing P87,750 for was sold for P90,000 2 Equipment costing P18,750 with a book value of P3,750 was sold for P4,500. 3 The firm issued 8% bonds payable at par P375,000. 4 The AMC Company purchased new equipment for cash, P310,125. 5 The company paid cash dividends of P22,500 during the year The Net income for 2014 was P45,000. 7 Proceeds from notes payable were used for operating purposes O O
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