Downs view Company had a $163,000 cash balance at the beginning of 2011. The company reported net

Question:

Downs view Company had a $163,000 cash balance at the beginning of 2011. The company reported net earnings of $285,000 for the year. Included in the company's statement of earnings were depreciation expense of $66,000, interest expense of $32,000, and income tax expense of $102,000. The following also occurred in 2011:
1. increased by $13,000.
2. increased by $5,500.
3. Inventory increased by $7,000.
4. Prepaid rent decreased by $1,200.
5. The plant and equipment account increased by $400,000. A piece of equipment that had a cost of $54,000 and a net book value of $18,000 was sold during the year for $22,000.
6. Interest payable decreased by $3,000.
7. Income taxes payable increased by $3,700.
8. The company issued $200,000 of bonds.
9. The company repurchased $40,000 of its shares.
10. Cash dividends of $50,000 were declared and paid.

Required:
To help Downs view Company's management team better understand its cash flows, do the following:
a. Calculate the cash generated from operating activities.
b. Calculate the cash flow related to investing activities.
c. Calculate the cash flow related to financing activities.
d. Prepare a statement of cash flows for Downsview Company for 2011. Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...