Illies Corporation's comparative balance sheet appears below:   Comparative Balance Sheet   Ending Balance Beginning Balance Assets:             Current assets:             Cash and cash equivalents $ 56,000   $ 49,000   Accounts receivable   35,000     38,600   Inventory   83,000     86,600   Total current assets   174,000     174,200   Property, plant, and equipment   406,000     371,000   Less accumulated depreciation   188,000     148,000   Net property, plant, and equipment   218,000     223,000   Total assets $ 392,000   $ 397,200   Liabilities and stockholders' equity:             Current liabilities:             Accounts payable $ 34,000   $ 36,600   Accrued liabilities   70,000     76,600   Income taxes payable   67,200     58,000   Total current liabilities   171,200     171,200   Bonds payable   98,000     110,000   Total liabilities   269,200     281,200   Stockholders’ equity:             Common stock   47,000     38,000   Retained earnings   75,800     78,000   Total stockholders’ equity   122,800     116,000   Total liabilities and stockholders' equity $ 392,000   $ 397,200       The company did not dispose of any property, plant, and equipment during the year. Its net income for the year was $1,800 and its cash dividends were $4,000. The company did not issue any bonds payable or purchase any of its own common stock during the year. Its net cash provided by (used in) operating activities and net cash provided by (used in) financing activities are:

Vertical Analysis of Balance Sheet Balance sheet data for Kwan Company on December 31, the end of two recent fiscal years, follow: Current Year Previous Year Current assets $300,300 $186,760 Property, plant, and equipment 446,160 392,840 Intangible assets 111,540 64,400 Current liabilities 163,020 90,160 Long-term liabilities 368,940 270,480 Common stock 68,640 77,280 Retained earnings 257,400 206,080 Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. If required, round percentages to one decimal place.

Comparative financial statement data for Carmono Company follow:     This Year Last Year Assets     Cash $ 19.00 $ 37.00 Accounts receivable 96.00 89.00 Inventory 150.00 139.00 Total current assets 265.00 265.00 Property, plant, and equipment 300.00 240.00 Less accumulated depreciation 64.00 48.00 Net property, plant, and equipment 236.00 192.00 Total assets $ 501.00 $ 457.00 Liabilities and Stockholders’ Equity     Accounts payable $ 90.00 $ 69.00 Common stock 210.00 160.00 Retained earnings 201.00 228.00 Total liabilities and stockholders’ equity $ 501.00 $ 457.00   For this year, the company reported net income as follows:   Sales $ 2,000.00 Cost of goods sold 1,200.00 Gross margin 800.00 Selling and administrative expenses 780.00 Net income $ 20.00   This year Carmono declared and paid a cash dividend. There were no sales of property, plant, and equipment during this year. The company did not repurchase any of its own stock this year.…

Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following information: Income Statement for Current Year Service revenue Expenses Salaries Depreciation Amortization of copyrights Other expenses Net loss Partial Balance Sheet Accounts receivable Salaries payable Other accrued liabilities $ 42,000 8,200 220 10,200 Current Year $ 9,300 13,000 1,500 Cash flows from operating activities: RODRIGUEZ COMPANY Statement of Cash Flows (Partial) $ 53,000 60,620 $ (7,620) Prior Year $ 16,600 In addition, Rodriguez bought a small service machine for $7,000. Required: 1.Present the operating activities section of the statement of cash flows for Rodriguez Company using the indirect method. Note: List loss amount and cash outflows as negative amounts. 2,000 5,200