Question: I'm not sure what I'm missing or accidentally adding to equal the $16,000 for the increase in cash. I'm currently $4,000 over the cash difference

 I'm not sure what I'm missing or accidentally adding to equal

I'm not sure what I'm missing or accidentally adding to equal the $16,000 for the increase in cash. I'm currently $4,000 over the cash difference of $16,000

This is what I have so far...

the $16,000 for the increase in cash. I'm currently $4,000 over the

Any advice would be helpful thank you!

The records of the Laura Company provided the following information for the year ended December 31, 2020. Prepare a statement of cash flows, using the indirect method. January 1, December 31, 2020 2020 Balance Sheet Cash Accounts receivable Allowance for doubtful accounts. Inventory.. Long-term investment. Operational assets Accumulated depreciation. Land Total.. $ 15,000 30,000 (1,500) 10,000 2,400 80,000 (20,000) 40.100 $ 31,000 28,500 (2,000) 15,000 1,400 81,000 (16,000) 81.100 $156,000 $220.000 Accounts payable $ 10,000 $ 11,000 Wages payable. 2,000 1,000 Interest payable 1,000 Notes payable, long-term. 20,000 46,000 Common stock.. 80,000 110,000 Additional paid-in capital. 20,000 26,000 Retained earnings. 24.000 25.000 Total. ... $156,000 $220.000 Laura had the following transactions during the year. Declared a cash dividend of $5,000 for 2020. Recorded the loss resulting from its 25% equity-based investment in the DEM Corporation's 2020 net loss of $4,000. Sold an operational asset for $4,000 in cash; the asset had an original cost basis of $15,000 and a carrying value at disposition of $6,000. Acquired land valued at $21,000 and issued common stock in exchange. Acquired operational assets costing $16,000 in exchange for a note payable bearing interest at 5%. Settled a $10,000 long-term note payable by issuing common stock to the creditor. Laura company operating Artivities Net income $ 6000 Depreciation 5000 operational Loss on sale asset 2000 Loss from investment Equity based 400 Decrease in Acc /Receivable 2.000 Increase in inventory 15006> Decrease in wages uable 41000) increase in interest/payable 1000 Increase in Accounts payable 1000 $ 15,000 Investing Activities sale of operational asset 4000 Purchase of land (20.000) sale of Long Terminvestment 1000 (15,000) Financing Activities payment of cash dividend 15 000> Issuance of Note payable 20,000 Issuance of common stock sooo 20 000 $ 20,000 Difference in cash = $16,000 $4000 difference C Non cash transactions Acquired and at 21,000 for common stock Acauired operational asset 16,000 for Note parable

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