Question: One Way Cellular accountants have assembled the following data for the year ended September 30, 2012: 1. Prepare the operating activities section using the indirect

One Way Cellular accountants have assembled the following data for the year ended September 30, 2012:

1. Prepare the operating activities section using the indirect method for One Way Cellular€™s statement of cash flows for the year ended September 30,2012.

Cash reccipt from sale of land Depreciation expense Payment of dividends Cash reccipt from issuance of common stock $ 55,000 39,000 20,000 Purchase of cquipment 6,100 Decrease in current liabilities Increase in current asscts other than cash 19,000 30,000 14,000

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