The comparative balance sheet of yellow dog enterprises inc

Problem 13-2A Name: Section: Score: Key Code: 0% [Key code here] Instructions Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. An asterisk (*) will appear to the right of an incorrect entry. The optional work sheet will not be graded, but is provided as an aid in determining amounts for the statement. YELLOW DOG ENTERPRISES INC. Statement of Cash Flows For the Year Ended December 31, 20Y8 Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Changes in current operating assets and liabilities: Net cash flow from operating activities Cash flows from investing activities: Net cash flow used for investing activities Cash flows from financing activities: Net cash flow used for financing activities Change in cash Cash at the beginning of the year Cash at the end of the year Optional: YELLOW DOG ENTERPRISES INC. Spreadsheet (Work Sheet) for Statement of Cash Flows For the Year Ended December 31, 20Y8 Balance, Transactions Dec. 31, 20Y7 Cash Accounts receivable (net) Inventory Prepaid expenses 100,000 300,000 400,000 10,000 Debit Credit Balance, Dec. 31, 20Y8 80,000 275,000 510,000 15,000 Equipment Accum. depr. - equipment Accounts payable Mortgage note payable Common stock, $10 par Paid-in capital in excess of par Retained earnings Totals Operating activities: Net income Depreciation Decrease in accounts receivable Increase in inventory Increase in prepaid expenses Increase in accounts payable Investing activities: Purchase of equipment Financing activities: Payment of cash dividends Sale of common stock Payment of mortgage note payable Net change in cash Totals