Shown below are comparative balance sheets for schmitt company. schmitt company comparative balance sheets december 31 assets 2014 2013 cash $ 104,720 $ 33,880 accounts receivable 135,520 117,040 inventory 257,180 291,060 land 123,200 154,000 equipment 400,400 308,000 accumulated depreciation—equipment (101,640 ) (49,280 ) total $919,380 $854,700 liabilities and stockholders’ equity accounts payable $ 60,060 $ 66,220 bonds payable 231,000 308,000 common stock ($1 par) 332,640 267,960 retained earnings 295,680 212,520 total $919,380 $854,700 additional information: 1. net income for 2014 was $143,220. 2. depreciation expense was $52,360. 3. cash dividends of $60,060 were declared and paid. 4. bonds payable amounting to $77,000 were redeemed for cash $77,000. 5. common stock was issued for $64,680 cash. 6. no equipment was sold during 2014. 7. land was sold for its book value. prepare a statement of cash flows for 2014 using the indirect method. (show amounts that decrease cash flow with either a - sign e. g. -15,000, or in parenthesis e. g. (15,

Cash generated for the period:      70,840‬‬

Explanation:

Operating Income

Net income                   143,220

Depreciation expense  52,360

adjusted net income   195.580

Change in working capital:

Accounts Receivable  (18,480)

Inventory                      33,880

Account Payable           (6,160)  

Total Change                 9,240

Cash generated from operating income ‬204,820‬

Investing Activities

sale of land                                       30,800

purchase of equipment                  (92,400)  

Cash used from investing income (61,600)

Financing Activities

issuance of stock                            64,680

dividends paid                                (60,060)

redeem bonds                                (77, 000)  

Cash used from financing income (72,380‬)

Cash generated for the period:      70,840‬‬

Beginning Cash                               33,880  

Ending Cash                                    104,720

the correct answer option is b. a single paragraph.

explanation:

when you are thinking about paragraph​ topics, you should always choose a subject that can be adequately addressed in a single paragraph.

a paragraph is a piece of writing consisting of a few sentences that deal with a single theme. it has only a single idea that the paragraph revolves around and talks about.

so a paragraph topic must be chosen wisely where a single idea can be communicated in a single paragraph.

answerthat 50% of all cases go to trial;