The consolidated workpaper balances of Pop, Inc., and its subsidiary, Son Corporation, as of…

The consolidated workpaper balances of Pop, Inc., and its subsidiary, Son Corporation, as of December 31 are as follows (in thousands): 2016 2015 Net Change Increase (Decrease) Assets Cash $ 313 $ 195 $118 Marketable equity securities at cost (MES) 175 175 — Allowance to reduce MES to market (13) (24) (11) Accounts receivable—net 418 440 (22) Inventories 595 525 70 Land 385 170 215 Plant and equipment 755 690 65 Accumulated depreciation (199) (145) 54 Patents—net 57 60 (3) Total assets $2,486 $2,086 $400Net Change Increase (Decrease) Liabilities and Stockholders’ Equity Note payable, current portion $ 150 $ 150 $ — Accounts and accrued payables 595 474 121 Note payable, long-term portion 300 450 (150) Deferred income taxes 44 32 12 Noncontrolling interest in Son 179 161 18 Common stock—$10 par 580 480 100 Additional paid-in capital 303 180 123 Retained earnings 335 195 140 Treasury stock at cost — (36) 36 Total equities $2,486 $2,086 $400 ADDITIONAL INFORMATION 1. On January 20, 2016, Pop issued 10,000 shares of its common stock for land having a fair value of $215,000. 2. On February 5, 2016, Pop reissued all of its treasury stock for $44,000. 3. On May 15, 2016, Pop paid a cash dividend of $58,000 on its common stock. 4. On August 8, 2016, equipment was purchased for $127,000 with cash. 5. On September 30, 2016, equipment was sold for $40,000. The equipment cost $62,000 and had a carrying amount of $34,000 on the date of sale. 6. On December 15, 2016, Son Corporation paid a cash dividend of $50,000 on its common stock. 7. Deferred income taxes represent temporary differences relating to the use of accelerated depreciation methods for income tax reporting and the straight-line method for financial reporting. 8. Controlling share of net income for 2016 was $198,000. Son’s net income was $110,000. 9. Pop owns 70 percent of its subsidiary, Son Corporation. There was no change in the ownership interest in Son during 2015 and 2016. There were no intercompany transactions other than the dividend paid to Pop by its subsidiary. 10. Assume the marketable equity securities are classified as trading securities. REQuIRED: Prepare a consolidated statement of cash flows for Pop and Subsidiary for the year ended December 31, 2016. Use the indirect method

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Online Academic Experts
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Social Work and Human Services
Although it took 2 revisions I am satisfied but I did receive it late because of that.
Customer 452603, March 25th, 2021
Human Resources Management (HRM)
On time and as always a great service! This semester has been very time consuming a tough for my family so this service has not only been a life saver but helped me keep up my grades! If you are in a time crunch or need help, don't hesitate! They are worth it!
Customer 453077, April 4th, 2022
thank you!
Customer 452947, October 21st, 2021
Criminal Justice
This has been the greatest help while I am recovering from an illness. Thank your team so much.
Customer 452671, May 2nd, 2021
Business Studies
First of all, the writer made sure that he completely understood my assignment and all the guidelines before he began writing. My paper was finished very fast and well before the specified deadline. I thought it was written excellently. He definitely completely grasped the topic. Overall, he is a great writer and I couldn't have asked for better.
Customer 452441, November 29th, 2021
Thank you!
Customer 453145, April 19th, 2022
Social Work and Human Services
Great work I would love to continue working with this writer thought out the 11 week course.
Customer 452667, May 30th, 2021
Impressive writing
Customer 452547, February 6th, 2021
I am beyond eager to write this review for this writer. I received a grade of "Mastered"upon first submission on this assignment. I will shout to the rooftops ENCOURAGING you to hire him. I have used other writers but NONE have delivered such awesome work as this writer and NONE of their prices can compare to his. He does not try to "break the bank" and he works hard; it shows in the final paper and the grade. He is simply,THE BEST HERE!!
Customer 452995, November 16th, 2021
Health Care
awesome work
Customer 452777, October 14th, 2021
Thank you!!! I received my order in record timing.
Customer 452551, February 9th, 2021
Emergency Management
Overall, I think it's a great service. I have yet to submit the assignment, so I don't know what kind of grade I'll get. But customer service was excellent. Reviews were made and the assignment proofed for satisfaction.
Customer 453015, December 15th, 2021
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Live ChatWhatsApp