Question: Please answer everything (Working with a statement of cash flows) Given the balance sheet, EB,and income statement, EE, prepare a statement of cash flows for


Please answer everything
(Working with a statement of cash flows) Given the balance sheet, EB,and income statement, EE, prepare a statement of cash flows for Abrahams Manufacturing Company for the year ended December 31, 2015 Additional Inforrnation 1. The only entry in the accumulated depreclation account is for 2015 depreciation. 2. The firm paid $17,748 in common stock dividends during 2015. Data Table Co Data Table Abrahams Manufacturing Company Balance Sheet for 12/31/2014 and 12/31/2015 2014 2015 Cash $ 89,000 64,000 112,000 10,000 S 109,000 68,800 97,200 10,000 S 285,000 307,000 (65,000) S 527,000 S 95,000 58,000 $ 153,000 Abrahams Manufact uring Company Income Statement for the Year Ended 12/31/2015 2015 $ 184,000 58,000 $126,000 47,000 25,000 Inventory Prepaid expenses Total current assets Gross plant and equipment Sales Cost of goods sold Gross profit Selling, general and administrative expenses Depreciation expense Operating income Interest expense Earnings before taxes Taxes Preferred stock dividends Earnings available to $ 275,000 238,000 40,000) $ 473,000 $54,000 2,900 $51,100 6,352 14,000 $20,748 Total assets Accounts payable Accrued liabilities Total current debt Mortgage payable Preferred stock Common slock Retained earnings Total debt and equity $ 85,000 68,000 $ 153,000 70,000 205,000 45,000 S 473,000 121,000 205,000 48,000 S 527,000 inf Print Done Enter any number in the edit fields and then continue to the next question. Print Done
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