Question: I will give you vote up , reply fast only 30 minutes left that is only one question Question 16 The following comparative balance sheet
I will give you vote up , reply fast only 30 minutes left
that is only one question

Question 16 The following comparative balance sheet is given for Extern Co. Auct Dec 31 2021 Cash $351,000 Dec.31.2020 $58,500 63,000 Notes Receivable 72,000 Supplies & Inventory 81,000 121,500 Prepaid expense 31,500 54,000 Long-term investments 0 81,000 Machines and tools 166,500 144,000 Accumulated depreciation equipment (63000) (45.000) Total Assets $639.000 $477.000 Liabilities & Stockholders' Easily Accounts payable $ 31,500 Bonds payable (long-term) $ 76,500 166,500 211,500 Common Stock 180,000 103,500 130.500 Retained Earnings 216.000 Total Liabilities & Stockholders' Equity $.639.000 $477.000 Income Statement Information (20213 1. Net income for the year ending December 31, 2021 is $130.500 2. Depreciation expense is $18,000. 3. There is a loss of 59,000 resulted from the sale of long-term investment Additional information (2921) 1. All sales and purchases of inventory are on account for credit) 2. Received cash for the sale of long-terin investments that had a cost of $81,000, yielding a 59,000 loss. 1 Cash dividends paid is $45,000 4. The company purchased new machines and tools for $22.500 cash 11 HEA, TAMA Question Completion Status Common Stock 180,000 103,500 Retained Earnings 210.000 130.500 Total Liabilities & Stockholders' Equity $.639.000 $477.000 Income Statement Information (2021): 1. Net income for the year ending December 31, 2021 is $130.500. 2. Depreciation expense is $18,000 3. There is a loss of $9,000 resulted from the sale of long-term investiment Additional information (2021) 1. All sales and purchases of inventory are on account (or credit). 2. Received cash for the sale of long-term investiments that had a cost of $81,000, yielding a $9,000 lo 3. Cash dividends paid is $45,000. 4. The company purchased new machines and tools for $22.500 cash Required: Prepare the FIRST (Operating) and the SECOND (Investing) sections of the statement of cash flows for the year ended December 31, 2021. (PLEASE PROVIDE EACH AMOUNT/ITEM IN A SEPARATE LINK) For the tocibar, press ALT+F10 (PC) or ALT+IN+F10(Mac) BIVS Paragraph Arial 10pt M E A I X0 D o 6ESIS F EWORDS PO
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