Question: please need help asap QUESTION 1 TGIF Corp Let's Do a Cash Flow Statement TGIF Corp. Statement of Financial Position December 31, Cash Accounts Receivable

QUESTION 1 TGIF Corp Let's Do a Cash Flow Statement TGIF Corp. Statement of Financial Position December 31, Cash Accounts Receivable Allowance for doubtful accounts Prepaid expensees Inventory Long-term investment Land Buildings Accumulated depreciation Patent TOTAL ASSETS (5 in millions) 2022 45 92 (12) 8 145 80 100 411 (142) 16 2021 40 96 (4) 5 130 40 100 300 (120) 17 743 604 15 32 Accounts payable Accrued liabilities Notes payable Obligations under capital lease Bonds payable Common stock 0 95 111 65 10 125 0 50 205 245 Accounts payable Accrued liabilities Notes payable Obligations under capital lease Bonds payable Common stock Retained earnings TOTAL LIABILITIES AND STOCKHOLDERS EQUITY 15 0 95 111 65 245 212 32 10 125 0 50 205 182 743 604 Additional Information: 1. Net income and a cash dividend are the reasons for the change in retained eamings. 2. Common stock was issued for cash during 2022 3. Net income for 2022was $50,000,000 4. The increase in buildings is the result of entering into a capital lease valued at $111,000,000 Required: Prepare a cash flow statement with the information above. For the toolbar, press ALT+F10 (PC) of ALT+FN+F10 (Mac). BI V S Paragraph Arial 10pt 6 = = = X X, fle 0) 63 ili A IP +] V ST 2 Click Save and Submit to save and sabmit. Click Save All Answers to save all answers MacBook Air
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