Additional data for 2020: 1. Net income was $221,000. 2. Depreciation was $30,000. 3. Land was sold at its original cost. 4. Dividends of $81,300 were paid. 5. Equipment was purchased for $84,000 cash. 6. A long-term note for $200,000 was used to pay for an equipment purchase. 7. Common stock was issued to pay a $70,000 long-term note payable. Prepare a statement of cash flows for the year ending December 31, 2020

Emily spent her summer vacation in buenos aires, argentina, where she got plastic surgery for a fraction of what it would cost in the united states. this is an example of:

mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?

Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.