Question: Selected financial statement information and additional data for Stanzla Co. is presented below. Prepare a properly formatted statement of cash flows for the year ending

 Selected financial statement information and additional data for Stanzla Co. is
presented below. Prepare a properly formatted statement of cash flows for the

Selected financial statement information and additional data for Stanzla Co. is presented below. Prepare a properly formatted statement of cash flows for the year ending December 31, 2019 in Excel, Word or the format of your choosing and upload the file when completed. 2019 2018 Change Cash $65,000 $42,000 $23,000 Accounts receivable, net 144,200 84,000 60,200 Inventory 38,600 206,0600 21,000 168,000 58,800 Land (37,800) Equipment 789.600 504.000 285,600 Total $1,226,400 $856,800 Accumulated depreciation $115,600 $84,000 Accounts payable 86,000 50,400 31,600 35,600 (37,800) Nptes payable - short term 29,400 67,200 Notes payable - long term 302,400 168,000 134,400 Common stock 487,200 420,000 67,200 Retained earnings 205.800 67.200 138,600 Total $1.226,400 $856,800 Additional data for 2019: 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 settle (pay off) a $67,200 long-term note payable

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