3-10

(Working with a statement of cash flows) Given the following information, prepare a statement of cash flows.

Beginning Cash Increase in common stock Increase in inventories Increase in accounts payable Depreciation expense Increase in accrued expenses Income taxes

$ 20 27 5 40 20 15 45

Dividends

25

Increase in accounts receivable

65

Operating income

215

Interest expense

50

Increase in bank debt

48

Increase in gross fixed assets

55