Question: please help indirect method Canyon Cance Company's comparative balance sheet and additional data are shown below. (Click the icon to view the comparative balance sheet)

please help indirect method
please help indirect method Canyon Cance Company's comparative balance sheet and additional
data are shown below. (Click the icon to view the comparative balance
sheet) (Click the icon to view the atonal data) Requirement Prepare the
staterivent of a flown for the year ended December 31, 2025, using
the devet method was signor protesto amounts that result la detencash father
is het them the box emply do not select a label or
enter a ro) -CHO 417.000 Canyon Cance Company Statement of Cash Flow
Year Ended December 31,2073 Cash Flows From Our Acovies Net Income Adjustments

Canyon Cance Company's comparative balance sheet and additional data are shown below. (Click the icon to view the comparative balance sheet) (Click the icon to view the atonal data) Requirement Prepare the staterivent of a flown for the year ended December 31, 2025, using the devet method was signor protesto amounts that result la detencash father is het them the box emply do not select a label or enter a ro) -CHO 417.000 Canyon Cance Company Statement of Cash Flow Year Ended December 31,2073 Cash Flows From Our Acovies Net Income Adjustments to Reconcle Net Income to Net Cash Provided by Used for Operating Activities Depreciation Experte $ Amation Event Increases Short Investments Decrease in mice Supplies Decrease in Accounts Recente 3030 254 20.5401 105 517 Checker Canyon Canoe Company's comparative balance sheet and additional data are shown below Click the icon to view the comparative balance shot) (Click the con to view the additional data Requirement Prepare the statement of cash flow for the year ended December 31, 2025, uning the Indirect method is minus si es potes for amount to read in decencias a todo este the box emply do not select a label or enteraz) Decrease in Accounts Receivable Increase in Tolephone Payable Increase in Wages Payable Increase in interest Payable Increase in Uneamed Reverso Increase in to Payable Increase in Merchandise levertory Decrease in Prepaid Rent Increase in Accounts Payable Not Cat Provided by Used for) Operating Activities Cash Flow From westing Activities 5.178 375 3,000 100 150 150 (355 22.000 205 2012 410 CLOSE Canyon Cance Company's comparative balance sheet on tits are shown below (Click the icon to view the comparative balance sheet) (Okkain to view theational data) Requirement Prepare the statement of cash flow of the year ended December 31, 2025, vning the deck muhod a super portate for at lei tot the box emply do not selectate or enterrero) Cash From Westing AS Cach Payretrit for Acquisition of Plant Asset (125.000 Nut Cash Provided by used for investing AS Cash Flow From Fantong Active Cash Recance of common to Casti come les Paye Conhecerome Me Pay Chcete of Boyle Cash Payment with Nat Cath Provided by used to Clear all Check Calculator Help me solve this Etext pages ata table Canyon Canoe Company Comparative Balance Sheet December 31, 2025 and 2024 2025 2024 Assets Current Assets Cash GA 523,693 $ 12,125 Short-term Investments, net 23,840 0 2.422 7,600 355 0 Accounts Receivable, net Merchandise Inventory Office Supplies Prepaid Rent Property. Plant and Equipment: 60 165 0 2.000 Property, Plant, and Equipment: Land 155,000 85,000 Building 610,000 35,000 Canoes 12,000 12,000 150,000 0 Office Furniture and Equipment Accumulated DepreciationPP&E (35,180) (850) $ 1,442,190 $ 153,040 Total Assets Liabilities Current Liabilities: $ 5,195 $ 3,050 745 295 Accounts Payable Utilities Payable Telephone Payable Wages Pavable 700 325 4.250 1.250 15.000 0 Notes Payable Interest Payable 350 50 Unearned Revenue 500 350 Long-Term Liabilities: 7,200 7,200 Notes Payable Mortgage Payable Bonds Payable 405,000 0 0 210,000 (1.270) 0 Discount on Bonds Payable Total Liabilities Stockholders' Equity 647,670 12,520 Paid-in Capital Preferred Stock 60,000 0 Paid-In Capital in Excess of Par-Preferred 10,000 0 TUUSVUU Bonds Payable 0 210,000 (1,270) Discount on Bonds Payable 0 Total Liabilities 647,670 12,520 Stockholders' Equity Paid-In Capital Preferred Stock 60,000 0 10,000 0 186,000 136,000 Paid-In Capital in Excess of Par-Preferred Common Stock Paid-In Capital in Excess of Par-Common Retained Earnings Total Stockholders' Equity 0 150,000 388,520 4,520 794,520 140,520 Total Liabilities and Stockholders' Equity S 1,442,190 $ 153,040 1. The income statement for 2025 included the following items: a. Net income, $417,000 b. Depreciation expense for the year, $34,330. c. Amortization on the bonds payable, $254. 2. There were no disposals of property, plant and equipment during the year. All acquisitions of PP&E were for cash except the land, which was acquired by issuing preferred stock. 3. The company issued bonds payable with a face value of $210,000, receiving cash of $208,476 4. The company distributed 4,000 shares of common stock in a stock dividend when the market value was $4.50 per share. All other dividends were paid in cash. 5. The common stock, except for the stock dividend, was issued for cash. 6. The cash receipt from the notes payable in 2025 is considered a financing activity because it does not relate to operations

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