Question: please labal the statement as clear as possible The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31,20Y8and20Y7, is as follows: Additional data

please labal the statement as clear as possible
please labal the statement as clear as possible The comparative balance sheet
of Yellow Dog Enterprises Inc. at December 31,20Y8and20Y7, is as follows: Additional
data obtained from the income statement and from an examination of the
accounts in the ledger for 20Y8 are as follows: a. Net income,
$250,000. b. Depreciation reported on the income statement, $135,000. c. Equipment was
purchased at a cost of $420,000 and fully depreciated equipment costing $90,000

The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31,20Y8and20Y7, is as follows: Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows: a. Net income, $250,000. b. Depreciation reported on the income statement, $135,000. c. Equipment was purchased at a cost of $420,000 and fully depreciated equipment costing $90,000 was discarded, with no salvage realized. d. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty. e. 30,000 shares of common stock were issued at $20 for cash. 1. Cash dividends declared and paid, $45.000. Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Be sure to camplete the heading of the statement. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Gain on disposal of equipment Gain on sale of investments Increase in accounts payable Increase in accounts recelvable Increase in inventories Increase in prepaid expenses Loss on disposal of equipment Loss on sale of investments Net cash flow from financing activities Net cash flow from investing activities Not cash flow from operating activities Net cash flow used for financing activities. Net cash flow used for investing activities Net cash flow used for operating activities Net decrease in cash Net income Net increase in cash Net loss Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. 9 10 17 Cash flows from (used for) investing activities: 13 14 16. 16 Cash flows from (used for) financing activities: 17 ff 19 20 21 23 Cash balance, danuary 1,20Y8 23 Cash balance, December 31,20 Y 8

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