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Grant Wood Corporation's balance sheet at Preparation of a Statement of Cash Flows the end...

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Grant Wood Corporation's balance sheet at Preparation of a Statement of Cash Flows the end of 2017included the following items. Current assets (Cash $82,000) $235.000 Land 30,000 Buildings 120,000 Equipment 90,000 Accum. depe-buildings (30,000) Accum. depr.-equipment (11,000) Patents 40,000 Total $474,000 Current liabilities Bonds payable Common stock Retained earnings Total $150,000 100.000 180.000 44.000 $474,000 The following information is available for 2015 1. Net income was $55,000. 2. Equipment (cost $20,000 and accumulated depreciation $8,000) was sold for $10,000 3. Depreciation expense was $4,000 on the building and $9,000 on equipment. 4. Patent amortization was $2,500. 5. Current assets other than cash increased by $29,000. Current liabilities increased by $13,000 6. An addition to the building was completed at a cost of $27,000. 7. A long-term investment in stock was purchased for $16,000. 8. Bonds payable of $50,000 were issued." 9. Cash dividends of $30,000 were declared and paid. 10. Treasury stock was purchased at a cost of $11,000. Instructions (Show only totals for current assets and current liabilities.) Prepare a statement of cash flows for 2019

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