Statement of Cash Flows The comparative balance sheet of Hirayama Industries Inc. for December 31, 20Y2 and 20Y1, is as follows:   Dec. 31, 20Y2 Dec. 31, 20Y1 Assets     Cash $164   $52   Accounts receivable (net) 93   65   Inventories 58   36   Land 133   147   Equipment 75   57   Accumulated depreciation-equipment (20)   (10)     Total Assets $503   $347   Liabilities and Stockholders' Equity     Accounts payable (merchandise creditors) $63   $52   Dividends payable 10   -   Common stock, $1 par 33   16   Excess of paid-in capital over par 84   41   Retained earnings 313   238     Total liabilities and stockholders' equity $503   $347   The following additional information is taken from the records: Land was sold for $35. Equipment was acquired for cash. There were no disposals of equipment during the year. The common stock was issued for cash. There was a $108 credit to Retained Earnings for net income. There was a $33 debit to Retained Earnings for cash dividends declared. a.  Prepare a statement of cash flows, using the indirect method of presenting Cash flows from (used for) operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.

How do you calculate a statement of Cash Flows using the below details: Maple Group Ltd Comparative Balance Sheet December 31, 2020 and 2019   2020 2019  Increase/Decrease       Assets       Cash and cash Equivalent  $   51,500.00  $      45,400.00  $              6,100.00 Accounts Receivable  $   51,100.00  $      61,400.00  $            10,000.00 Inventories  $   61,400.00  $      51,900.00  $              9,500.00 Fixed Assets, net  $ 160,000.00  $    110,000.00  $            50,000.00 Total Assets  $ 324,000.00  $    268,700.00  $            55,600.00      Liabilities       Accounts Payable  $   35,450.00  $      27,800.00  $              7,650.00 Accrued liabilities  $   31,000.00  $      37,550.00 -$             6,550.00 Long-term notes payable  $   60,000.00  $      78,540.00 -$           18,540.00      Stockholders Equity:       Common Stock  $ 143,050.00  $    105,110.00  $            37,940.00 Retained Earnings  $   54,800.00  $…

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Statement of cash flow for the following: The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows:   1   Dec. 31, 20Y2 Dec. 31, 20Y1 2 Assets     3 Cash $918,000.00 $964,800.00 4 Accounts receivable (net)   828,900.00 761,940.00 5 Inventories 1,268,460.00 1,162,980.00 6 Prepaid expenses 29,340.00 35,100.00 7 Land 315,900.00 479,700.00 8 Buildings 1,462,500.00 900,900.00 9 Accumulated depreciation-buildings (408,600.00) (382,320.00) 10 Equipment 512,280.00 454,680.00 11 Accumulated depreciation-equipment (141,300.00) (158,760.00) 12 Total assets $4,785,480.00 $4,219,020.00 13 Liabilities and Stockholders’ Equity     14 Accounts payable (merchandise creditors) $922,500.00 $958,320.00 15 Bonds payable 270,000.00 0.00 16 Common stock, $25 par  317,000.00 117,000.00 17 Paid-in capital in…