PLEASE help.Thanks C Not secure v2.cengagenow.com/ilm takeAssignment takeAssignm

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C Not secure v2.cengagenow.com/ilm takeAssignment takeAssignment an doinvoker-assignments&takeAssignment; e sonl Instructions Determine statement of cash flows for the year ended December 31, 20-2. Use a minus to indicate any decreases in d for financing and investing actvites and the cash flows as they would appear on Rogerson h flows as they would appear on Rogerson cash or cash outflows. Cash Flows from Investing and Financing Activities gerson Company's comparative balance sheet as of December 31, 20-2 and 20-1, showed the following with regard to investing and inancing activities 20-2 20-1 Building Equipment Notes payable Common stock at par Paid-in capital in excess of par Retained earnings $124,300 s0 94,200 28,600 19,000 296,400 242,500 83,100 54,100 255,100 194,800 et income for 20-2 was $91,800, and cash dividends of $31,500 were declared and paid. Rogerson did not sell any buildings or equipment and did not retire any debt

Explanation / Answer

Statement of cash flows Cash flow from investing activities Purchase of building $       (124,300) Purchase of equipment $          (94,200) Total cash used by investing activities $       (218,500) Cash flow from financing activities Issuance of stock $            53,900 Issuance of stock-Paid in cpaital in excess of par $            29,000 Cash dividends $          (31,500) Net cash provided by financing activities $            51,400

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