Question: . Please solve this, exactly like its posted. Please no abbreviations and incomplete answers, with as much explanation as possible. THANK YOU Problem 14-11 Missing
. Please solve this, exactly like its posted. Please no abbreviations and incomplete answers, with as much explanation as possible. THANK YOU


Problem 14-11 Missing Data: Statement of Cash Flows [L014-1, L014-2] Yoric Company listed the net changes in its balance sheet accounts for the past year as follows Debits Credits Credits by: Debits by 69,000 170,500 63,300 Cash Accounts receivable Inventory Prepaid expenses 4,200 Long-term loans to subsidiaries 80,000 Long-term investments 98,000 323,000 Plant and equipment Accumulated depreciation 65,700 Accounts payable 49,200 Accrued liabilities 5,600 Income taxes payable 9,600 204,000 Bonds payable Common stock 122,000 Retained earnings 76,500 670,300 $670,300 The following additional information is available about last year's activities: a. Net income for the year was b. The company sold equipment during the year for $35,500. The equipment originally cost $161,000 and it had $126,800 in accumulated depreciation at the time of sale c. Cash dividends of $10,900 were declared and paid during the year. d. The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below: Beginning Ending Plant and equipment 2,876,000 3,199,000 994,200 1,059,900 Accumulated depreciation e. The balance in the Cash account at the beginning of the year was $109,700; the balance at the end of the year was f. If data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change
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