Question: Please go through every step so I don't mess it up, Please! ORION Downloadable eTextbook tice Assignment Gradebook ment CALCULATOR FULL Exercise 5-15 Presented below
Please go through every step so I don't mess it up, Please!
ORION Downloadable eTextbook tice Assignment Gradebook ment CALCULATOR FULL Exercise 5-15 Presented below is a condensed version of the comparative balance sheets for Pearl Corporation for the last two years at December 31. 2017 2016 Cash $ 194,700 $85,800 Accounts receivable 203,500 198,000 Investments 57,200 81,400 Equipment 327,800 264,000 Accumulated Depreciation-Equipment (97,900) |(116,600) Current liabilities 147,400 166,100 176,000 Common stock 176,000 Retained earnings 337,700 194,700 Additional information: Investments were sold at a loss of $11,000; no equipment was sold; cash dividends paid were $33,000; and net income was $176,000. Prepare a statement of cash flows for 2017 for Pearl Corporation. (Show amounts that decrease cash flow with either a sign e.g (15,000)) PEARL CORPORATION Statement of Cash Flows For the Year Ended December 31 2017 rch
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