Partial Balance Sheets for Yarborough Company and Additional Information Are

question 32

Essay

Partial balance sheets for Yarborough Company and additional information are found below. $\begin{array} {c } \text {Yarborough Company }\\ \text {Partial Balance Sheets }\\ \text { as of December 31}\\\begin{array}{|l|l|l|}\hline\text { Assets } & 2018 & 2017 \\\hline\text { Equipment } & \$ 100,000 & \$ 75,000 \\\hline \text { Accumulated } & & \\\text { depreciation } & (25,000) & (20,000) \\\hline \text { Shareholders' equity } & & \\\hline \text { Common stock, \$5 par } & \$ 150,000 & \$ 100,000 \\\hline \text { Paid-in capital-excess of } & & \\\text { par } & 20,000 & 0 \\\hline \text { Retained earnings } & 40,000 & 30,000\\\hline\end{array}\end{array}$ $$\begin{array}{l}\text { Additional information for } 2018 \text { : }\\\begin{array} { | l | l | } \hline \text { Tuly 1: } & \text { Issued } 10,000 \text { shares of common stock for cash. } \\\hline \text { July 1: } & \text { Purchased new equipment for cash. } \\\hline \text { Dec. 31 } & \text { Paid cash dividends of } \$ 30,000\\\hline\end{array}\end{array}$$ Required:
Prepare the investing activities section of the statement of cash flows for 2018.

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Definitions:

Self-Efficacy

The belief in one's own ability to successfully accomplish tasks and goals, which is crucial for motivation and performance in various aspects of life.

Traditionally Male Occupations

Jobs and careers that have historically been dominated by men, often due to societal norms and stereotypes.

Self-Efficacy

An individual's confidence in their capacity to achieve success in particular scenarios or complete a given task.

Personal Deficiencies

The perceived or actual lacks in personal skills, abilities, or attributes that can hinder one's well-being or achievements.