Question: Pr.4 Selected financial statement information and additional data for Stanislaus Co. is presented below. Prepare a statement of cash flows for the year ending December

 Pr.4 Selected financial statement information and additional data for Stanislaus Co.

Pr.4 Selected financial statement information and additional data for Stanislaus Co. is presented below. Prepare a statement of cash flows for the year ending December 31. 2018 December 31 2017 $42,000 84,000 2018 $65,000 44,200 206,600 21,000 Cash. Accounts receivable (net) Inventory.168,000 . 58,800 Land Equipment.... TOTAL $856,800 Accumulated depreciation Accounts payable Notes payable- short-ter Notes payable - long-term Common stock Retained earnings $115,600 86,000 29,400 302,400 487,200 205.800 .50,400 . 67,200 .. 168,000 420,000 -67,200 TOTAL. $856.800 $1.226.400 Additional data for 2018 1. Net income was $220.200. 2. Depreciation was $31,600. 3. Land was sold at its original cost. 4. Dividends of $81,600 were paid. 5. Equipment was purchased for $84,000 cash 6. A long-term note for $201,600 was used to pay for an equipment purchase. 7. Common stock was issued to pay a $67,200 long-term note payable

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