Use the following information to perform the calculations below (using the indirect method). Net income Depreciation expense Beginning accounts receivable Ending accounts receivable Beginning inventory Ending inventory Beginning prepaid insurance Ending prepaid insurance Beginning accounts payable Ending accounts payable Purchase of long-term assets Issuance of long-term debt Issuance of stock for cash 578,000 Issuance of stock for long-term assets 40,700 Purchase of treasury stock 46,400 Sale of long-term investment at cost $400,000 e Textbook and Media 91,000 429,000 433,000 514.000 Cash flows from operating activities $ $122,000 145,000 754,000 264,000 167,000 105,000 64,500 Calculate the amount of cash flows from operating activities. (Show amount that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) 54,500 Calculate the amount of cash flows from investing activities. (Show amount that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Use the following information to perform the calculations below (using the indirect method). Net income Depreciation expense Beginning accounts receivable Ending accounts receivable Beginning inventory Ending inventory Beginning prepaid insurance Ending prepaid insurance Beginning accounts payable Ending accounts payable Purchase of long-term assets Issuance of long-term debt Issuance of stock for cash 578,000 Issuance of stock for long-term assets 40,700 Purchase of treasury stock 46,400 Sale of long-term investment at cost $400,000 e Textbook and Media 91,000 429,000 433,000 514.000 Cash flows from operating activities $ $122,000 145,000 754,000 264,000 167,000 105,000 64,500 Calculate the amount of cash flows from operating activities. (Show amount that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) 54,500 Calculate the amount of cash flows from investing activities. (Show amount that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Name: Calculate the amount of Casi tows from Investitig alliviLICS. (Now Um
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Description: Calculate the amount of Casi tows from Investitig alliviLICS. (Now Umount that útlitust Lusiflow with either a signit.y. -1,000in parenthesis e.g. (15,000).)Cash flows from investing activities $eTextbook and MediaCalculate the amount of cash flows

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 16CE

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Subject - account Please help me. Thankyou.
Subject -account Please help me. Thankyou.