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Help 1,435 Prepaid Rent Accounts Payable Income Tax Payable 13,578...

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1,435 Prepaid Rent Accounts Payable Income Tax Payable 13,578 2,500 31.450 1,890 21 422 2,400 Directions: Using the direcr method, prepare the Cash Flows from Opers section of the statement of cash flows. Objectives To prepare a statement of cash flows using the direct Financial statements of Esteves Supply Company follow ives Problem 22-2A Esteves Supply Company Comparative Balance Sheet December 31, 20x2 20x2 Assets 4300000s 21 00 Cash Accounts receivable 3000000 32000 82 00000 67 500 85 0000 700000 20 00000 16 000 (800000) (500000 128 0 00 00 128 0000 (3000000) (2100000 9000000 20000 Prepaid expenses Accumulated depreciation--equipment Building Accumulated depreciation-building Land $363 50000 $2655 0000 Total assets Liabilities s 18 00000$ 1520000 Accounts payable Accrued salaries payable Mortgage notes payable Bonds payable Total liabilities 120000 70000 12000 00 3200000 2000000 50000 00 $ 51 200 00$ 9790000 Stockholders' Equity 140 481 00 10000000 171 819 00 6760000 31230000 167 60000 $363 500 00 $265500 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 00

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