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Business, 08.04.2020 00:07 alexam2007

The following is a condensed version of the comparative balance sheets for Riverbed Corporation for the last two years at December 31. 2020 2019 Cash $ 362,850 $ 159,900 Accounts receivable 369,000 379,250 Investments 106,600 151,700 Equipment 610,900 492,000 Accumulated Depreciation-Equipment (217,300 ) (182,450 ) Current liabilities 274,700 309,550 Common stock 328,000 328,000 Retained earnings 629,350 362,850 Additional information: Investments were sold at a loss of $20,500; no equipment was sold; cash dividends paid were $61,500; and net income was $328,000. Prepare a statement of cash flows for 2020 for Riverbed Corporation

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