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The 2018 income statement and comparative balance sheet of Granite Rock, Inc. follow: (Click the icon to view the income stat
of * Data Table Inc. ih Flo ber 31 Granite Rock, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue $ 441,0
Granite Rock, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current Assets: Cash 26,500 $ 26,300
Liabilities Current Liabilities: Accounts Payable 35,800 $ 28,100 30,200 30,600 Accrued Liabilities ca Long-term Liabilities:
υσμιουαοι Αμοποα ιαπι οοοιο Increase in Accounts Receivable Decrease in Merchandise Inventory Increase in Accounts Payable De
Additionally, Granite Rock purchased land of $27,600 by financing it 100% with long-term notes payable during 2018. During th
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Answer #1

Granite Rock, Inc. Statement of Cash Flows Year Ended December 31, 2018 $108,500 Cash Flows from Operating Activities: Net in

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