Question: ips Tha... 5 Job Interview Tips... L Lenovo Support _ Lenovo [ McA Remaining Time: 1 hour, 48 minutes, 20 seconds. Question Completion Status: A

ips Tha... 5 Job Interview Tips... L Lenovoips Tha... 5 Job Interview Tips... L Lenovo
ips Tha... 5 Job Interview Tips... L Lenovo Support _ Lenovo [ McA Remaining Time: 1 hour, 48 minutes, 20 seconds. Question Completion Status: A motel has the following balance sheets at the end of each of its most recent two years. Balance Sheet Dec. 31, 2019 Dec. 31, 2020 Assets Cash 55,800 Accounts Receivable 47,200 50,600 Inventory 6, 100 15,500 Land 80,000 160,000 Building 120,600 180,600 Accumulated Depreciation - Building (50,000) (70,000) Total Assets 259,700 337,000 Liabilities and Shareholder's Equity Accounts Payable 36,700 12,800 Bank Loan Payable 7,500 40'F Search Rain tomorrow LOC-BLUE X F10Remaining Time: 1 hour, 48 minutes, 09 seconds. Question Completion Status: Bank Loan Payable 0 7,500 Long term mortgage on building 50,000 Common Stock 82,000 62,000 Retained Earnings 141,000 204,700 Total Liabilities and Shareholder's Equity 259,700 337,000 The company's income statement for the year shows: Sales Revenue 1200000 Operating Expenses 85% of Sales Net Income Dividends declared an paid were $172,000 for 2020. Required: Complete a statement of cash flows for 2020. ENG O Search US 40.F LOC -BLUD Rain tomorrow is In O F9 F10 F1 1 F12 X F7 F8

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