Question: i need your help in sloving this question .you can give answer on any medium you like. a; comment on the statment of cash flow?

i need your help in sloving this question .you can give answer on any medium you like.

a; comment on the statment of cash flow?

b; analysis the problem?

b; analysis the problem?

i need your help in sloving this question .you can give answeron any medium you like.a; comment on the statment of cash flow?b;

Jones Clothing Store Income Statement For the year ended December 31, 209 and 2018 Sales $ 38,000 Operating expense: Depreciation 2,800 Other operating expenses 35,000 Total $ 37,800 Operatinfo 200 Gain on sale of land 800 Income before tax expense 1,000 Taxexpense 500 Net income 500 Additional information: Dividends declared and paid $4,350 Land sold for cash $1,800 Equipment purchased for cash $3,500 Common stock sold for cash $3,800 Required: a. Prepare a statement of cash flows for the year ended December 31, 2019 using the indirect method.Jones Clothing Store presented the following balance sheet and income statement Jones Clothing Store Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Cash 4,500 $ 4,000 Marketable Securities 2,500 $ 2,000 Accounts Receivable $ 6,800 $ 7,200 Inventories 7,500 8,000 Total current Assets $ 21,300 $ 21,200 Land $ 11,000 $ 12,000 Equipment $ 24,000 $ 20,500 Accumulated Depreciation - Equip -3800 -3000 Building $ 70,000 $ 70,000 Accumulated Depreciation - Building $ (14,000) $ (12,000) Total Assets $ 108,500 $ 108,700 Liabilities and Stockholders' Equity Accounts Payable 7,800 $ 7,000 Wages Payable 1,050 S 1,000 Taxes Payable 500 $ 1,500 Total current liabilities $ 9,350 $ 9,500 Bonds payable $ 30,000 $ 30,000 Common Stock $ 32,000 $ 30,000 Additional paid in capital $ 21,000 $ 19,200 Retained earnings $ 16,150 $ 20,000 Total liabilities and stockholders equity $ 108,500 |$ 108,700

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