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 $ 19,700.00 $ 35,100.00 Total liabilities and Stockholders equity $ 324,300.00 $ 268,700.00 $ 55,600.00 Maple Group Ltd Income Statement Year Ended December 31,2020 Revenues and gains: Sales revenue 510,000 Interest revenue 11,800 Total revenues and gains 521,800 Expenses Cost of goods sold 205,500 Depreciation expense 21,000 Other operating expense 126,000 Interest expense 24,300 Total expenses 376,800 Income before income taxes 145,000 Income tax expense 16,300 Net Income 128,700 Notes Acquisition of fixed asset during 2020 71,000 Sale proceed from sale of plant asset - Receipt for issuance of notes payable - Payment for note payable 18,540 Dividend paid 93,600 Book value of equipment sold -

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...

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	$ 19,700.00	$ 35,100.00
Total liabilities and Stockholders equity	$ 324,300.00	$ 268,700.00	$ 55,600.00

Maple Group Ltd
Income Statement
Year Ended December 31,2020
Revenues and gains:
Sales revenue	510,000
Interest revenue	11,800
Total revenues and gains		521,800
Expenses
Cost of goods sold	205,500
Depreciation expense	21,000
Other operating expense	126,000
Interest expense	24,300
Total expenses		376,800
Income before income taxes		145,000
Income tax expense		16,300
Net Income		128,700

Notes
Acquisition of fixed asset during 2020		71,000
Sale proceed from sale of plant asset		-
Receipt for issuance of notes payable		-
Payment for note payable		18,540
Dividend paid		93,600
Book value of equipment sold		-

Jun 10, 2022