Accounting majors and professionals please help?
Presented below are the financial statements of Nosker Company.
NOSKER COMPANY
Comparative Balance Sheets
December 31
Assets
2015
2014
Cash
$34,260
$20,340
Accounts receivable
32,760
18,480
Inventory
26,760
20,170
Equipment
59,220
77,700
Accumulated depreciation—equipment
(29,710
)
(23,060
)
Total
$123,290
$113,630
Liabilities and Stockholders’ Equity
Accounts payable
$28,550
$ 16,230
Income taxes payable
7,310
8,440
Bonds payable
27,600
33,530
Common stock
17,430
14,740
Retained earnings
42,400
40,690
Total
$123,290
$113,630
NOSKER COMPANY
Income Statement
For the Year Ended December 31, 2015
Sales revenue
$241,620
Cost of goods sold
175,260
Gross profit
66,360
Operating expenses
23,340
Income from operations
43,020
Interest expense
2,690
Income before income taxes
40,330
Income tax expense
7,730
Net income
$32,600
Additional data:
1. Dividends declared and paid were $30,890.
2. During the year equipment was sold for $7,740 cash. This equipment cost $18,480 originally and had a book value of $7,740 at the time of sale.
3. All depreciation expense, $17,390, is in the operating expenses.
4. All sales and purchases are on account.
Prepare a statement of cash flows using the indirect method.
I have the account titles but I just can't seem to enter the correct data like at all!!
I need help really bad please!