6. Wolfe, Inc.'s accountants have assembled the following data for the year ended August 31, 2016: (Click the icon to view the data) Prepare Wolfe's statement of cash flows using the indirect method for the year ended August 31, 2016. Assume beginning and ending Cash are $11,000 and $76,500 respectively, Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use parentheses or a minus sign for numbers to be subtracted. If a box is not used in the state -X Wolfe, Inc. Statement of Cash Flows Year Ended August 31, 2016 Cash Flows from Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Cash receipt from sale of equipment Depreciation expense Cash payment of dividends Cash receipt from issuance of common stock 17.000 15,000 5,500 20.000 34.000 29,000 5.000 Net income Cosh purchase of land Increase in current abilities Decrease in current assets other than cash 2.000 Print Done Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities Choose from any list or enter any number in the input fields and then continue to the next question 6. Wolfe, Inc.'s accountants have assembled the following data for the year ended August 31, 2016 (Click the icon to view the data) Prepare Wolfe's statement of cash flows using the indirect method for the year ended August 31, 2016. Assume beginning and ending Cash are $11,000 and $76,500 respectively * Data Table Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities $ Cash receipt from sale of equipment Depreciation expense Cash payment of dividends Cash receipt from issuance of common stock Net income Cash purchase of land Increase in current liabilities Decrease in current assets other than cash 17.000 15,000 5,500 20.000 34.000 20.000 5.000 0.000 Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities Print Done Net Cash Provided by (Used for) Financing Activities Net increase (Decrease) in Cash Cash Balance August 31, 2015 Cash Balance, August 31, 2016 Choose from any list or enter any number in the input fields and then continue to the next