may i please have help with this question? ACCO Name: Class Time: Homework Company 1/1/2018 12/31/2018 1/1/2018 12/31/2018 10,500 $ ASSETS Current Assets Cash Accounts Receivable Inventory PPD Insurance Total Current Assets 6,650 13,500 6,000 440 30,440 14,600 9,300 8,600 550 33,050 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts Payable 5,100 $ Other Payables 4,400 Interest Payable 580 Total Current Liabilities 10,080 Notes Payable 41.000 Total Liabilities 51,080 2,590 750 9.990 47.000 56,990 17,600 Noncurrent Assets Land Buildings & Equipment Build & Equip – Accum. Depn. Total Noncurrent Assets TOTAL ASSETS 14,000 180,000 (22,000) 172,000 202,440 $ (34,000 208,600 241,650 Common Stock Retained Earnings Total Equity TOTAL LIAB. AND EQUITY 128,000 158,000 23,360 26,660 151,360 184,660 202,440 $ 241.650 $ $ 85,000 (47.000 38,000 Other Information Loss on sale of Land $2,500. Original cost $8,500. No sales of Buildings and Equipment during period. No payments of Notes Payable. Sales Cost of Goods Sold Gross Margin Operating Expenses Depreciation Insurance Expense Other Operating Expenses Operating Income (12,000) (1,900) (11,500) 12,600 Interest Expense Loss on Land Sale Net Income (2,800) (2,500) 7,300 $ Required: Prepare a direct method cash flow statement based on the information above. Include a supplemental schedule of NI to CFO. Use the space below for any calculations. Put the cash flow statement, in proper format, on the back of this page.

"Get 15% discount on your first 3 orders with us"
Use the following coupon
"FIRST15"

Order Now