(Learning Objective 3, 4, 5: Interpreting a statement of cash fl ows—indirect method) Donald is reviewing his nephews’ cash fl ows. Huey, Dewey and Louie all report the same income number ($20,000) and bought the same equipment ($83,000) during the year.

Explain how Huey, Dewey and Louie fund their respective PPE purchase. Whose cash fl ow would you rate as the best? The worst?