15-11 (Algo) Missing Data; Statement of Cash Flows R01511015-2 York Company listed the net changes in ts balance sheet sets for the p Carl Acc cable Story Prepaid p Long-term loan to ide Long-Ter Plat and plant comittal Accounts pla Ached Income tax paye i Credits By 13,90 5,5 The following additional information s bout last year's edited aNet Income for the year was $ b. The company sold equipment during the year for $35,000. The ene accumulated deprecation at the time of se Cash dividends of $10.600 were declared and pet during they d. The beginning and ending balances in the Plant and Equipment a $150700 and thed $125,300 The balance in the Cash account at the beginning of the year at given explaining the change) Required: Uuing the indirect method, prepare mounts Voris County of FOM Centing artys 0x300 cuse of the change Problem 15-11 (Algo) Missing Data; Statement of Cash Flows [LO15-1, LO15-2] Yoric Company listed the net changes In Its balance sheet accounts for the past year as follows: Inventory Debits > Credits by: $159,800 170,100 Credits Debits by: $ 83,900 4,800. 108,000 Cash Accounts receivable Prepaid expenses Long-term loans to subsidiaries Long-term investments 93,000 Plant and equipment 242,000 Accumulated depreciation Accounts payable 66,000 49,300 Accrued 11abilities 5,500 Income taxes payable 9,000 Bonds payable Common stock Retained earnings 127,000 $ 797,400 $ 797,400 400,000 76,480 The following additional Information is available about last year's activities: a. Net Income for the year was $? b. The company sold equipment during the year for $35,800. The equipment originally cost $160,700 and it had $126,300 in accumulated depreciation at the time of sale. c. Cash dividends of $10,600 were declared and paid during the year. d. The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below. Plant and equipment Accumulated depreciation Beginning $ 2,949,000 $ 978,600 Ending $ 3,191,000 $ 1,044,600 e. The balance in the Cash account at the beginning of the year was $109,300; the balance at the end of the year was $? f. If data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change. Print Required: Using the Indirect method, prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.) Yoric Company Statement of Cash Flows Operating activities: Investing activities Financing activities Beginning cash and cash equivalents Ending cash and cash equivalents 0 0 0 S 0 Problem 15-11 (Algo) Missing Data; Statement of Cash Flows [LO15-1, LO15-2] Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued 11abilities Income taxes payable Bonds payable Common stock Retained earnings Debits> Credits by: $ 159,800 Credits Debits by: 170,100 $ 83,900 4,800 108,000 93,000 242,000 66,000 49,300 5,see 9,000 400,000 127,000 76,400 $ 797,400 $ 797,400 The following additional information is available about last year's activities: a. Net Income for the year was $2 b. The company sold equipment during the year for $35,800. The equipment originally cost $160,700 and it had $126,300 In accumulated depreciation at the time of sale. c. Cash dividends of $10.600 were declared and paid during the year. d. The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below: Plant and equipment Accumulated depreciation Beginning $2,949,000 Ending $3,191,000 $ 978,600 $ 1,044,600 The following additional information is available about last year's activities a. Net Income for the year was $? b. The company sold equipment during the year for $35,800. The equipment originally cost $160,700 and it had $126,300 in accumulated depreciation at the time of sale. c Cash dividends of $10.600 were declared and paid during the year d. The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below Plant and equipment Accumulated deprecation 52,949,000 $ 978,600 $1,191,000 51,044,000 e. The balance in the Cash account at the beginning of the year was $109.300; the balance at the end of the year was $2 If data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change. Required: Using the Indirect method, prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts) tif data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change. Required: Using the Indirect method, prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.) Yoric Company Statement of Cash Flows Operating activities: Investing activities Financing activities Beginning cash and cash equivalents Ending cash and cash equivalents 0 0 0 S 0