Please Respond ASAP my assignment is due today by 5 PM EST Prepare a Statement of Cash Flows and complete the Statement of Retained Earnings given the following information. If you need more room, you may create a separate answer sheet.

Balance Sheet

Assets Beginning End Liabilities and Stockholder Equity Beginning End

Cash $10 $25 Accounts Payable $10 $20

Accounts Receivable 20 10 Bonds Payable -0- 25

Plant, Property, Equip 100 140 Common Stock par value 30 35

Accum. Depreciation (30) (40) Paid in Capital in excess of par 30 35

Retained Earnings 30 20

Total Assets $100 $135 Total Liabilities and S/holder Equity $100 $135

Income Statement

Sales $100 Statement of Retained Earnings

- COGS - 50 Beginning Retained Earnings 30

Gross Profit 50

-Operating Expenses - 20

-Depreciation - 10

Net Income $ 20 Ending Retained Earnings 20

Statement of Cash Flows