prepare the financing section of the statement of cash flows. I am having hard time with calculating

prepare the financing section of the statement of cash flows. I am having hard time with calculating

prepare the financing section of the statement of cash flows.
I am having hard time with calculating the dividends payable. please show me how you get this.
Simple Simon, Inc. reports the following balance sheets and income statement for the current year Simple Simon, Inc. Comparative Balance Sheets At December 31 Prior Year $156 2080 260 52 O Current Year Cash Accounts Receivable-net Inventory Prepaid Insurance $221 247 312+ 26 $ 676 364 $1,040 Total Current Assets $ 806 468 S1,274 Plant, and Equipment Total Assets -net $3510 520 Accounts Payable Income Tax Payable Total Current Liabilities Long-Term Debt Total Liabilities $390 65 $ 403 156 $ 559 $ 455 195 $ 650 Capital Stock Retained Earnings $221 260 $286 338 481 624 S1,274 Total Shareholders' Equity Total Liabilities and Equity $1,040 Simple Simon, Inc. Income Statement For the Current Year Ended December 31 $1,300- Sales Operating Expenses $ 26 (780) (65) (39) (195) (1.053) $ 247 104 S 143 Gain on Sale of Equipment Costs of Goods Sold Depreciation Insurance Other Expenses Income before Tax Provision for Income Tax Net Income During the year, Simple Simon acquired new equipment for $195.cash and sold equipment with a net book value of $26 for $52 cash. All declared dividends were paid. Simple Simon made no repayments of debt during the year. Prepare the operating section of the statement of cash flows using the indirect approach.

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