Edit Question 8 Please create a spreadsheet for the following question. You will need to...
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Edit Question 8 Please create a spreadsheet for the following question. You will need to save the spreadsheet on your computer and then upload/attach the file to this question. Selected financial statement information and additional data for Stanislaus Co. is presented below. Prepare a statement of cash flows for the year ending December 31, 2014 December 31 2013 2014 Cash $42,000 $65,000 Accounts receivable (net) 84,000 144,200 Inventory 168,000 206,600 Land 58,800 21,000 Equipment 504.000 588,000 TOTAL $856,800 $1.024.800 Accumulated depreciation $84,000 $115,600 Accounts payable 50,400 86,000 Notes payable - short-term 67,200 29,400 Notes payable - long-term 168,000 168,000 Common stock 420,000 420,000 Retained earnings 67 200 205.800 TOTAL $856 800 $1.024 800 Additional data for 2014 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
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