20 1 of 2 Required information Exercise 12-22B (Algo) Direct: Preparing statement of cash flows from Cash T-account LO P1, P3, P5 [The following information applies to the questions displayed below.] The following Cash T-account shows the total debits and total credits to the Cash account of Thomas Corporation for the current year. Debit Balance, December 31, prior year Receipts from customers Receipts from dividends Receipts from land sale Receipts from machinery sale Receipts from issuing stock: Receipts from borrowing Balance, December 31, current year Exercise 12-22B (Algo) Part 1 Cash $ 184,800 8,131,200 Payments for inventory 2,845,920 Payments for wages 3,008,544 Payments for rent 959,482 Payments for interest 2,089, 718 Payments for taxes 3,520,810 Payments for machinery Credit $ 2,154,768 748,070 430,954 292,723 609,840 3,032,938 3,065,462 520,397 674,890 292,723 Payments for stock investments Payments for long-term notes payable Payments for dividends Payments for treasury stock