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241. During 2016. Wimbrow Images reported $60,000 of net income and generated $80,000 of cash from operations. During the year. Wimbrow Images paid $15.000 to
241. During 2016. Wimbrow Images reported $60,000 of net income and generated $80,000 of cash from operations. During the year. Wimbrow Images paid $15.000 to purchase a new delivery truck and also paid dividends in the amount of $30.000. Wimbrow Images borrowed $40.000 cash from the bank At the beginning of the year, cash amounted to $50.000 A) Prepare a statement of cash flows for the year ended December 31, 2016
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