Question: Using the information below, prepare the statement of cash flows. You must use the provided space for your cash flow statement. Make sure to show

Using the information below, prepare the statement of cash flows. You must use the provided space for your cash flow statement. Make sure to show your work for calculations. Honey Sweets Inc Comparative Balance Sheets December 31,2021 and December 31,2022 Assets 20212022 Difference Cash 611,200515,200-96,000 Accounts Receivable 1,507,6001,467,600-40,000 Inventory 1,610,0001,930,000320,000 Prepaid Expenses 53,60029,600-24,000 Long term investments 880,000880,0000 Land 642,400722,40080,000 Building 1,840,0002,400,000560,000 Accumulated Depr - Building -320,000-480,000-160,000 Equipment 960,000960,0000 Accumulated Depr - Equipment -112,000-232,000-120,000 Patents 80,00040,000-40,000 Total Assets 7,752,8008,232,800480,000 Liabilities & Stockholder's Equity Accounts Payable 1,331,600951,600-380,000 Notes Payable (Current)320,00080,000-240,000 Accrued Liabilities 31,60011,600-20,000 Mortgage Payable 1,600,0002,160,000560,000 Bonds Payable 1,520,0002,000,000480,000 Common Stock $10 par value 2,600,0002,600,0000 Additional paid in capital 160,000160,0000 Retained Earnings 389,600509,600120,000 Treasury Stock -200,000-240,000-40,000 Total Liabilities & S/E 7,752,8008,232,800480,000 Additional information: 1. Net income $192,0002. Building depreciation $160,0003. Equipment depreciation $120,0004. Sold investments for $300,000 on which there was a gain of $68,0005. Paid $80,000 on the mortgage 6. Patent amortization $40,0007. Issued $480,000 of long term bonds 8. Issued a note payable $120,0009. Repaid a note in the amount of $360,00010. Land and building purchased with a mortgage $640,00012. Paid dividends of $72,00013. Purchased investments $232,00014. Purchased treasury stock in the amount of $40,000

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