Office Furniture Direct Sam Manufacturing Company Was Started On Jan 1, 2008,when It Acquired $85,000 Cash By Issuing Common Stock.?

Sam Manufacturing Company was started on Jan 1, 2008,when it acquired $85,000 cash by issuing common stock.? - office furniture direct

Sa bought now operating and office equipment manufacturing for $ 12,000 and $ 34,000 respectively. The office furniture was a 6-year life and zero residual value. The production team was a residual value of $ 4,000 and a lifetime of 5 years. The company paid $ 10,000 for administrative salaries and $ 15,000 for the salaries of production workers. Finally, the company paid $ 18,000 for materials used to make the inventory. All shares were initiated and completed during the year. Saturday ended the production of 6,000 units produced and sold 5,000 units at a price of $ 15 each in 2008.
= 18000 direct materials, direct labor = 15000, the manufacturing overhead = 6000 Total Product Cost = 39000 = 6000 divided by the average cost per unit = 6.5, cost of goods sold is $ 32500, end = 6500, net income = 30500, selected = 30500, total assets =?, net cash flow from operating activities =?, net cash flow from investing activities =?