Anyone know how to Answer this question ? The left side to The question is right

Question

Anyone know how to Answer this question ? The left side to The question is right already. Thanks so much 4 value: 10.00 points The comparative balance sheets for 2016 and 2015 and the income statement for 2016 are given below for Arduous Company. Additional information from Arduous's accounting records is provided also. ARDUOUS COMPANY Comparative Balance Sheets December 31, 2016 and 2015 (S in millions) 2016 2015 Investment revenue receivable Prepaid insurance Buildings and equipment s 124 $ 85 194 202 10 8 213 204 814 168 129 204 154 416 408 (128) (100) 37 Patent 39 s1,274 s 1,115 S 54 $ 73 Accounts payable Salaries payable Bond interest payable Income tax payable Deferred income tax liability Notes payable Lease liability Bonds payable 10 12 20 16 2 19 12 25 219 283 (26) (34) Less: Discount on bonds Shareholders' Equity Common stock 434 414 99 89 79 0 260 229 of par Preferred stock Retained earnings Less: Treasury stock (13) s 1.274 s 1.115 Income Statement For Year Ended December 31, 2016 (S in millions) Revenues and gain Sales revenue $439 Gain on sale of treasury bills 2 $456 Expenses and loss: Cost of goods sold 184 Depreciation expense Patent amortization expense Insurance expense Bond interest expense 32

Explanation / Answer

Arduous Company Statement of Cash Flows For the Year Ended December 31, 2016 ($ in Millions) Cash Flow From Operating activities Net Income $73 Adjustment for Non Cash Effects Depreciation expense 12 Patent amortisation expense 2 Amortisation of discount 8 Loss on Machine damage 26 Changes in Operating assets and Liabilities Decrease in Accounts receivable 8 Increase in Investment revenue receivable -2 Increase in Investment due to Equity Method -10 Decrease in Prepaid insuracne 6 Decrease in Accounts Payable -19 Decrease in Salaries Payable -10 Increase in Bond Interest payable 4 Increase in Deferred tax Liability 7 Decrease in Income Tax Payable -5 Net Cash Flow from Operating Activities $100 Cash Flow from Investing activities Sale of Machine Components 13 Purchase of Long term Investment -29 Purchase of Land -25 Net Cash Flow from Investing activities -41 Cash Flow from Financing Activities Retirement of Bonds Payable -64 Sale of Preferred stock 79 Payment of Cash dividend -22 Purchase of Treasury stock -13 Net Cash flow from Financing Activities -20 Net Increase in Cash $39

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