O https:/www.mathoad.com/Student/ayer tomework.aspx homeworkid5415009078 tion d ushed fascid-56730kcenterwines Financial Statement Analysis Fall 2019 kobie Lockwood Homework: homework 2 (ch3) Score: 0 of 2 pts 2 of 5 (1 complete HW Soor Problem 3-13 (similar to) (Working with a statement of chowa Given the balance sheet and income statement, m.prepare a statement of cash flows for Abrahams Manufacturing Company for the year ended January 31, 2018 1. The only in the counted depreciation account or 2018 depreciation 2. The paid $18.6 in common och ends during 2018 Com e per part of the w ent of cash flow (Round to the new do NOTE Input chows as pothve values and cash flow as the Statement of Cash Flows Cash Flows from Operating Activities Net Income Adjustments Depreca Increase in accounts receivable Decrease in inventory in account Nel cash provided by operating activities n umber in the fields and then Check Answer Koble 2 (ch3) 2 of 5 (1 complete) ce sheet Data Table for the year ended January int is for 2018 ing 2018 cash flows: Abrahams Manufacturing Company Balance Sheet for 1/31/2017 and 1/31/2018 2017 2018 Cash $ 89,000 $ 106,000 Accounts receivable 64,000 68,000 Inventory 112,000 105,000 Prepaid expenses 10,000 10.000 Total current assets $ 275,000 289,000 Gross plant and equipment 238,000 310,000 Accumulated depreciation (40,000) (69.000) $ 478.000 $ 530.000 Total assets Accounts payable 85,000 $ 95,000 68,000 Accrued liabilities 57.000 Total current debt $ 153,000 $ 153,000 Mortgage payable 70,000 Preferred stock 124,000 Common stock 205,000 205,000 45.000 48.000 Retained earnings $ 473.000 $ 530.000 Total debt and equity Check Answer Print Done Clear All MacBook Air 2 (ch3) 2 of 5 (1 complete) ince sheet, and income statement, prepare a statement of cash flows for Abrahams Manufacturing Company for the year ended ant is for 20 ring 2018 Data Table of cash flow Abrahams Manufacturing Company Income Statement for the Year Ended 1/31/2018 2018 Sales $ 180,000 Cost of goods sold 53,000 Gross profit 127,000 Selling, general and administrative expenses 44,000 29,000 Depreciation expense Operating income 54,000 3,000 Interest expense Earnings before taxes $ 51,000 Taxes 16,320 13,000 Preferred stock dividends $ 21,680 Earnings available to common stockholders Print Done ack Answer Clear All MacBook Air