Refer to the information pertaining to Endless Mountain Company that is provided in Integration Exercise 8. In

Question:

Refer to the information pertaining to Endless Mountain Company that is provided in Integration Exercise 8. In addition to the budget schedules that you prepared in Integration Exercise 8, insert a new tab in your Microsoft Excel worksheet titled “Statement of Cash Flows.”

Required:

1. Using the indirect method, calculate Endless Mountain Company’s estimated net cash provided by operating activities for 2017.

2. Prepare the company’s budgeted statement of cash flows for the year ended December 31, 2017.

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