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167 6 points +Book 10 10 Print References Exercise 1-9 (Algo) Prepare a statement of cash flows (LO1-3) Garcia Trade has the following cash
167 6 points +Book 10 10 Print References Exercise 1-9 (Algo) Prepare a statement of cash flows (LO1-3) Garcia Trade has the following cash transactions for the period. Accounta Cash received from sale of products to customers Cash received from the bank for long-term loan Cash paid to purchase factory equipment Cash paid to merchandise suppliers Cash received from the sale of an unused warehouse Cash paid to workers Cash paid for advertisement Cash received for sale of services to customers Cash paid for dividends to stockholders Assume the balance of cash at the beginning of the period is $4,200. Required: 1. Calculate the ending balance of cash. 2. Prepare a statement of cash flows. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Mounta $36,000 41,000 (46,000) (11,200) 12,200 (23,2003 (3,200) 26,000 (5,200) Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign.) GARCIA TRADE Statement of Cash Flows Cash Flows from Operating Activities Cash inflows: Cash outflows: Help Save & B Cha 6 16.7 points Saved Required 1 Required 2 Prepare a statement of cash flows. (Cash outflows should be indicated by a minus sign.) GARCIA TRADE Statement of Cash Flows Cash Flows from Operating Activities Cash inflows: eBook Hint Cash outflows: Print References Net cash flows from operating activities Cash Flows from Investing Activities $ 0 Net cash flows used in investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the year Cash at the end of the year 0 0 $ 0
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