Question: plz help me solve this Chapter 13 Financial Statement Problem [Extra Credit - 10 Points] Information for Happiness, Inc, is listed below. Use the below
Chapter 13 Financial Statement Problem [Extra Credit - 10 Points] Information for Happiness, Inc, is listed below. Use the below information to complete the following items: 1) Multiple Step Income Statement for the Year ended December 31, 2022 2) Statement of Stockholders' Equity for the Year ended December 31, 2022 3) Comparative Balance Sheet for December 31, 2022&2021 4) Statement of Cash Flows for the Year ended December 31, 2022 Additional Information for the Cosh Flow Statement: 1) Cosh received from the sole of investments was $2,500,000 2) Cash used to purchase new equipment was $3,145,210 3) Cash used to purchase new mochine was $220,000 4) Cash received from the sale of equipment was $1,930,420 5) Cosh used to purchose land was $8,000,000 6) Dividends declared were $275,000 7) Cash used to pay down note poyable was $300,000 8) The company issued additional shores of common stock
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