meducation.com 12 Pre-Built Problems Help Beve Check - Required information (The following information applies to the questions displayed below Forten Company, a merchandiser, recently completed its calendar year 2017 operations. For the year. It all sales are credit sales. (2) il credits to Accounts Receivable reflect cash receipts from customers. 3) Nl purchases of inventory are on credit. (4) all debits to Accounts Payable reflect cash payments for inventory, and (5) Other Expenses are paid in advance and are initially debited to Prepaid Expenses. The company's income statement and balance sheets follow FONT COMPANY Comparative Balance Sheets December 31, 2017 1016 2014 Asses Ceah 1,400 130,500 Accounts receivable 91.440 Inventory 67.625 301.156 268.3 Trepaid peer 1.30 2235 Total entant quant 46,374 340, 500 125.000 Acum depreciation Equipment (45.135.114.551 Totale 156, . Liabilities and by A pahl. 10.101 14,195 hotter hotele 1.000 Totalrent li 25,20 169.575 Long-tantes able 45,250 Total Itabilitas 310,25 y Contoh. 1 par value 11.15 167,250 Paidi napital in one of a stock 54.50 Mutanding 1911 1125 568.751 103, TOUTES CORSAY The MacBook Air A $ 4 % 5 & 7 + CD 9 0 6 2 3 0 U Y W E R. H G DF Problems Help TEC, 33,018 269,500 To The Salus Cestat la Gropatie Operating Depreciation the w Aber eine les Tale of Teatar 187,19 149.401 221231 154.115 49, 150 Additional Information on Year 2017 Transaction The loss on the cash sale of equipment was $22.125 details in Sold equipment costing $97.875, with accumulated depreciation of 547125. for $28,625 cm c. Purchased equipment costing $13.375 by paying $64.000 cash and signing a long time before d. Borrowed $5.700 cash by signing a short-term pay e. Paid $58,625 cash to reduce the long term papel sed 4.200 shares of common stock for $20 cth persone 9. Declared and paid cash dividends of 3.500 Required 1. Prepare a complete statement of cash fows, report its operating in the Indirect method Amounts to be deducted should be indicated with a minus PORTEN COMPANY MacBook Air 1 0 & 7 si 4 % 5 9 8 6 2 3 1 P JE W E R YU D F G H S N M . V c Z Z command option