Question: Please help:( include formulas and how you solved step by step, please! i would greatly appreciate it:) The Kybo Sports Company began operations on July

Please help:( include formulas and how you solved step by step, please! i would greatly appreciate it:)  Please help:( include formulas and how you solved step by step,
please! i would greatly appreciate it:) The Kybo Sports Company began operations
on July 1,20XX. The adjusted trial balance as of December 31,20XX, appears
below, along with transaction data for 20xx Additional data: 1. Land costing
$14,000 was sold for $14,000. 2. A mortgage note was issued for
$60,000. 3. A building was constructed for $114,000. 4. 2,500 shares of
common stock were issued at $30 in exchange for the bonds payable,
5. Cash dividends declared were $74,660. From the balance sheet: Prepare Kybo
Sports' statement of cash flows for the year ended December 31, 20XX,

The Kybo Sports Company began operations on July 1,20XX. The adjusted trial balance as of December 31,20XX, appears below, along with transaction data for 20xx Additional data: 1. Land costing $14,000 was sold for $14,000. 2. A mortgage note was issued for $60,000. 3. A building was constructed for $114,000. 4. 2,500 shares of common stock were issued at $30 in exchange for the bonds payable, 5. Cash dividends declared were $74,660. From the balance sheet: Prepare Kybo Sports' statement of cash flows for the year ended December 31, 20XX, using the indirect method. Include a separate section for non-cash investing and financing activities. Use these categories: - Cash at Beginning of Year - Cash paid - construction of Building Prepare Kybo Sports' statement of cash flows for the year ended December 31, 20XX, using the indirect method. Include a separate section for non-cash investing and financing activities. Use these categories: - Cash at Beginning of Year - Cash paid - construction of Building - Cash Payment - Dividends - Cash received - issue mortgage Note Payable - Cash received from Sale of Investments - Cash received from Sale of Land - Decrease in Accounts Payable - Decrease in Accounts Receivable - Decrease in Income Tax Payable - Depreciation Expense-Plant Assets - Gain on Sale of Investment - Increase in Accrued Liabilities - Increase in Inventories - Increase in Prepaid Expenses - Issue of Common Stock to Retire Bond Payable - Net Income - Patent Amortization Kybo Sports Statement of Cash Flows - Indirect Method For Year Ending December 31, 20XX Description Amount Total Adjustments to reconcile Net Income to Net Cash flows Changes in Current Operating Assets \& Liabilities Net Cash Flows from Operating Activities Cash Flows from Investing Activities: Net Cash Flows used for Investing Activities Cash Flows from Financing Activities: Net Cash provided by Financing Activities Net Cash provided by Financing Activities Net Increase (Decrease) in Cash Cash at End of Year Non-Cash Investing \& Financing Activities: Total Non-Cash Investing \& Financing Activities

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