Posted: September 10th, 2022

problem set

Please find attached document. Only do part -1 of the document 

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In part-1 there are 4 things to do.

Part 1: Financial Statements 

A. Prepare the income statement for 2016 and 2017. Include statement of retained earnings for 2017. The company paid $11,000 dividend in 2017. 

B. Prepare the balance sheet for 2016 and 2017 

C. Prepare Common-Size financial statements of income statement and balance sheet. 

D. Prepare Statement of Cash Flows.  

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