Paper , Order, or Assignment Requirements

Q4. Prepare a statement of cash flows of Stanislaus Co. for the year ending December 31, 2012
December 31
2011 2012
Land € 58,800 € 21,000
Equipment………………………………………… 504,000 789,600
Inventory…………………………………………. 168,000 201,600
Accounts receivable (net)…………………… 84,000 151,200
Cash………………………………………………… 42,000 63,000
TOTAL…………………………………. €856,800 €1,226,400
Share capital–ordinary……………………….. €420,000 € 487,200
Retained earnings……………………………… 67,200 205,800
Notes payable – Long-term…………………. 168,000 302,400
Notes payable – Short-term…………………. 67,200 29,400
Accounts payable………………………………. 50,400 86,000
Accumulated depreciation………………….. 84,000 115,600
TOTAL…………………………………. €856,800 €1,226,400
Additional data for 2012:
1. Net income was €235,200.
2. Depreciation was €31,600.
3. Land was sold at its original cost.
4. Dividends of €96,600 were paid.
5. Equipment was purchased for €84,000 cash.
6. A long-term note for €201,600 was used to pay for an equipment purchase.
7. Share capital–ordinary was issued to pay a €67,200 long-term note payable.