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5) Fill in the table by indicating if it is an increasing (+) or decreasing (-) transaction. Also indicate if it is an operating (O),
5) Fill in the table by indicating if it is an increasing (+) or decreasing (-) transaction. Also indicate if it is an operating (O), investing (1), or financing (F), activity. + or - 0, I, or F a. Cash payment of dividends 4,732 b. Cash payment for inventory 235,063 c. Cash payment for expenses 6,200 d. Cash payment for wages 42,670 e. Cash payment for interest expense 342 f. Cash payment for purchase of equipment 53,641 g. Cash payment for repayment of debt 60,502 h. Cash collection of accounts receivable 507,502 i. Cash collection of interest revenue 8,240 j. Cash collection of dividend revenue 3,200 k. Cash proceeds from sale of equipment 22,000 1. Cash proceeds from sale of common stock 32,700 6) Using the information in the table from question 5), complete the following statement of cash flows using the direct method. List each transaction and amount under the appropriate section. Be sure to indicate if it is increasing or decreasing (+ or -). You may not need to use all of the lines. Cash from Operating Activity Amount a. Net cash _ (provided or used) by operating activity Cash from Investing activity Amount b. Net cash (provided or used) by investing activity Cash from Financing Activity Amount c. Net cash activity (provided or used) by financing d. Net change in cash during period Cash at beginning of period e. Cash at end of period 11,250
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