This information is for Williams Corporation for the year ended December 31, 2022. 

Instructions 

a. Prepare the 2022 statement of cash flows for Williams Corporation. 

b. Suppose you are one of Williams’ creditors. Referring to the statement of cash flows, evaluate Williams’ ability to repay its creditors.

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Cash received from lenders Cash received from customers Cash paid for new equipment Cash dividends paid Cash paid to suppliers Cash balance 1/1/22 $20,000 28,000 8,000 16,000 12,000