15.02B Statement of Cash Flows

Statement of cash flows-indirect method The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, is as follows: Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20y8 are as follows: a. Net income, $89,160. b. Depreciation reported on the income statement, $27,100. c. Equipment was purchased at a cost of $52,790 and fully depreciated equipment costing $14,580 was discarded, with no salvage realized. d. The mortgage note payable was not due for six years, but the tems permitted earlier payment without penalty. e. 5,000 shares of common stock were issued at $18 for cash. f. Cash dividends declared and paid, $54,330. negative adjustments. Yellow Dog Enterprises Inc. Statement of Cash Flows For the Year Ended December 31, 20Y8 Line Item De Accounting numeric field Cash flows fromil (used iol operatily activities: Adjustments to reconcile net income to net cash flows from (used for) operating activities: Changes in current operating assets and liabilities: Cash flows from (used for) investing activities: Cash flows from (used for) financing activities: Cash balance, January 1, 20Y8 Cash balance, December 31, 20Y8