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Required information (The following information applies to the questions displayed below.] The following information for the year ended December 31, 2016, was reported by Nice Bite, Inc. Accounts Payable Accounts Receivable Cash (balance on January 1, 2016) Cash (balance on December 31, 2016) Common Stock Dividends Equipment Income Tax Expense Interest Expense Inventory Notes Payable Prepaid Rent office Expense Retained Earnings (beginning) Salaries and Wages Expense Service Revenue Utilities Expense Salaries and Wages Payable $ 48,000 25,800 99,400 86,000 155,000 0 139,700 10,400 29,800 17,500 26,900 7,300 14,600 7,800 36,000 143,800 25,400 11,000 Other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long term assets Cash paid to suppliers and employees Cash received from customers $ 24,000 26,900 11,300 55,400 86,800 143,000 Other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long-term assets Cash paid to suppliers and employees Cash received from customers $ 24,000 26,900 11,300 55,400 86,800 143,000 4. Prepare a statement of cash flows for 2016. (Cash outflows should be entered as nega NICE BITE, INC. Statement of Cash Flows Cash Flows from Operating Activities $ 0 Cash Flows from Investing Activities 0 Cash Flows from Financing Activities 0

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