Complete the following Statment of Cash Flows ACC102 Thistle Inc. Comparative...
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Complete the following Statment of Cash Flows
ACC102 Thistle Inc. Comparative Balance Sheets Asset5: Current Assets: Cash Accounts Receivable (net) Merchandise Inventory Prepaid Expenses Total Current Assets 2021December31. Long-Term Investments Plant Assets: Property, Plant \& Equipment Accumulated Depreciation Total Plant Assets Total Assets Equities: Current Liabilities: Accounts Payable Accrued Expenses Total Current Liabilities Long-Term Notes Payable Stockholders' Equity: Common Stock Paid -in-Capital Retained Eamings Total Equities 5690,0001,560,0001,950,0004,551,000351,000225,000$540,0001,080,0001,260,0003,195,000315,00050,000 Thistle, Inc. Comparative Income Statements FYE December 31, 2018 Net Credit Sales Cost of Goods Sold Gross Profit Expenses Loss on Sale of Investment Net Income 51,275,00011,584,000309,000825,000$1,095,0001,377,000282,0000 \begin{tabular}{rr} 3,150,000 & 2,400,000 \\ 20,000 & 10,000 \\ $6,516,000937,000 & $4,365,000578,000 \\ \hline \end{tabular} Additional Information: Investments originally costing $50,000 were sold for $40,000, No PPE was sold
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