Cougar tree services reports the following amounts on December 31, 2024. Assetsliabilities and stockholders' equity cash$9,300accounts payable$14,500 supplies3,400salaries payable5,100 prepaid insurance5,100notes payable36,000 building88,000common stock40,000 retained earnings10,200 in addition, the company reported the following cash flows. Cash inflowscash outflows customers$92,000employee salaries$38,000 borrow from the bank (note)36,000supplies20,000 sale of investments34,000dividends14,500 purchase building94,000 required: prepare a balance sheet. prepare a statement of cash flows.
a) Statement of cash flows: Operating Activities $54,100, Investing Activities -$154,000, Financing Activities $36,000. Balance Sheet: Total Assets $139,800, Total Liabilities and Stockholders' Equity $139,800.
b) Statement of cash flows: Operating Activities $39,900, Investing Activities -$60,000, Financing Activities $36,000. Balance Sheet: Total Assets $139,800, Total Liabilities and Stockholders' Equity $139,800.
c) Statement of cash flows: Operating Activities $54,100, Investing Activities -$60,000, Financing Activities $94,000. Balance Sheet: Total Assets $187,800, Total Liabilities and Stockholders' Equity $187,800.
d) Statement of cash flows: Operating Activities $39,900, Investing Activities -$154,000, Financing Activities $94,000. Balance Sheet: Total Assets $187,800, Total Liabilities and Stockholders' Equity $187,800.