Question

FINANCILL STATEMENT ANALYSIS Cash Hun Gece below the Social Condition and Phot wad para Cash Flows for De paid in YABRADABRADO, INC. STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2019, 2015 YARADARBADOO, INC. PROFIT AND LOSS STATEMENT FOR THE YEARS ENDED DECEMBER, 2019, 10 2009 2018 2012 2015 ASSETS CA Sales La Costa Sale • 579,00 3.01 3 134.93 IN 510 199,00 Ac Receive 452.92 28.770 . 153,455 21.345 GoPro Pepeld pense 270.019 164,223 Teal Cumentar 45.2009 357,385 Fism and Equipe Autode 126,900 65,179 121,098 49,623 Lew-Opening Expenses Salade and Wages Real Es Heat, light and Power Deprecia Advertising At Expense Other Operating Expo Tonal Opening Epenses 49,024 30.000 21,777 16,585 20,219 2,39 12,643 3,90 30,000 19,794 13,254 14,441 To Les declared Depreciation 192,079 102,724 170.921 16.14 117 Ned A Good L30224 89.355 10 $4,750 12,711 Net Income before and To 117,565 33.995 Toaleta $ 357.6773 454,819 Lew-lampen 9.900 9.000 Net Income before Taxes 107,465 Leu Federal and Suse Income To LIABILITIES AND CAPITAL Curata A. Payable No Payable-Bank (currently due) Aceed Espears Acned Federal and State Tenson Income 48,399 11,249 $ 158,495 60,000 51,331 42, 95,666 15,000 41,572 76.43 Net Income Alter Taxes $ 59,106 5 13,749 Toul Cum Liabilities 312,603 228.721 50.000 60,000 Notes Payable-Bank (not comedy dut) Capital Come Stock Reed Emin 84,600 100,664 34,600 81.558 195.264 166, 158 obides Cap $ 557,877 $ 454,879

its asking to complete a statement of cash flows for the year 2019 using the numbers given in the photo

Answer 1

YABBADABBADOO INC Statement of Cash flows (Indirect method) For The Year Ended December 31, 2019 Cash flows from Operating Activities Net Profit Adjustments to reconcile net profit to net cash provided by Operating Activities Depreciation expense $16,583 Amortisation expense $2,398 $59,106 Change in operating current assets and liabilities Increase in Accounts receivable Increase in Inventory Decrease in prepaid expenses Increase in Accounts payable Increase in accrued liabilities Decrease in Federal and State taxes on income $17,454 -$46,315 $4,413 $62,830 $9,759 $33,697 -$1,483 $57,623 $21,158 -$21,158 Net Cash from Operating Activities Cash flows from Investing Activities Purchase of Fixed assets Net Cash from Investing Activities Cash flows from Financing Activities Issue of notes payable Cash dividend paid Net Cash from Financing Activities Net increase (decrease) in cash Cash balance at beginning of the year Cash balance at end of the year $35,000 $30,000 $5,000 $41,465 $83,498 $124,963