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Riverbed Inc had the following balance sheet at December 31, 2019. Cash RIVERBED INC. BALANCE SHEET DECEMBER 31, 2019 $ 25,290 Accounts payable 26,490 Notes payable (long-term) 37.290 Common stock 81.000 Retained earnings $ 35,290 Accounts receivable 46.290 Investments 105,290 Plant assets (net) Land 45.290 28.490 $215,360 $215,360 During 2020, the following occurred. 1 Riverbed Inc. sold part of its debt investment portfolio for $ 19,143. This transaction resulted in a gain of $ 7,543 for the fiem. The company classifies these investments as available for sale Atract of land was purchased for $18.290 cash Long-term notes payable in the amount of $ 20,143 were retired before maturity by paying 20,143 cash 2 3. 4. An additional $ 24,143 in common stock was issued at par 5. 6. Dividends of $ 12,343 were declared and paid to stockholders. Net income for 2020 was $ 37,290 after allowing for depreciation of $ 15.143. Land was purchased through the issuance of $ 40,290 in bonds. At December 31, 2020, Cash was $ 42.290, Accounts Receivable was $ 46,890, and Accounts Payable remained at $ 35.290. 7. 8. (a) Prepare a statement of cash flows for 2020. (Show amounts that decrease cash flow with either a - signes. -15,000 or in parenthesis 08. (15,000).) RIVERBED INC. Statement of Cash Flows $ Adjustments to reconcile net income to > > > > >

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