Question: pls answer asap Financial statement data for Metro Moving Company for 2020 follow. METRO MOVING COMPANY Comparative Statement of Financial Position Dec. 31, 2020 Dec

pls answer asap
pls answer asap Financial statement data for Metro Moving Company for 2020
follow. METRO MOVING COMPANY Comparative Statement of Financial Position Dec. 31, 2020
Dec 31, 2019 Assets Cash $ 68,600 $ 49,100 95,300 59,700 Accounts
receivable 29,700 19.700 Prepaid insurance 193,600 128,500 Total current assets 400,000 345,000
(105.900) (110,400) 289,600 239.100 Property, equipment, and vehicles Accumulated depreciation Total non-current
assets Total assets Llabilities and shareholders' equity Accounts payable Wages payable $

Financial statement data for Metro Moving Company for 2020 follow. METRO MOVING COMPANY Comparative Statement of Financial Position Dec. 31, 2020 Dec 31, 2019 Assets Cash $ 68,600 $ 49,100 95,300 59,700 Accounts receivable 29,700 19.700 Prepaid insurance 193,600 128,500 Total current assets 400,000 345,000 (105.900) (110,400) 289,600 239.100 Property, equipment, and vehicles Accumulated depreciation Total non-current assets Total assets Llabilities and shareholders' equity Accounts payable Wages payable $ 483,200 $367,600 $21.500 $18,600 3,000 4.000 24.500 22.600 Total current liabilities 50.000 60,000 Bank loan Common shares 200,000 200,000 Retained earnings 208,700 85,000 408,700 285,000 Total shareholders' equity Total liabilities and shareholders' equity $ 483,200 $367,600 METRO MOVING COMPANY Statement of Income For the year ended December 31, 2028 $ 452,000 Moving revenue Gain on sale of vehicles 4,000 456,000 $ 104.400 Expenses Vehicle operating expenses Wages expense Depreciation expense Interest expense 132.100 59.500 5,400 301.400 Total expenses Net income $154.600 Additional information: 1. 2. Vehicles that cost $65,000 and had a net carrying amount of $10,000 were sold for $ 14,000. A cash payment was made to reduce the bank loan. Dividends were declared and paid during the year. 3. Prepare a statement of cash flows for Metro Moving Company for the year ended December 31, 2020, using the indirect method (Show amounts that decrease cash flow with either a - signe.g. - 15,000 or in parenthesis eg. (15,000).) Metro Moving Company Statement of Cash Flows For the Year Ended December 31, 2020 $ Supplementary disclosures Cash paid for interest $ e Textbook and Media Question Part Score Determine the cash flows from operating activities using the direct method. (Show amounts that decrease cash flow with eithero- sign e g. -15,000 or in parenthesis e.g. (15,000).) Metro Moving Company Statement of Cash Flows, Direct Method For the Year Ended December 31, 2020 Determine the cash flows from operating activities using the direct method. (Show amounts that decrease cash flow with either sign e.g. -15,000 or in parenthesise.g. (15,000).) Metro Moving Company Statement of Cash Flows, Direct Method For the Year Ended December 31, 2020 $ e Textbook and Media Question Part Score G Search or type URL

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