Accounting 200

Question 3 The following information is available for Tamarisk, Inc. for 2017. Cash used to purchase treasury stock 139,971 Cash dividends paid 63,438 65,184 Cash paid for interest 1,351,113 Net income 2,333,820 Sales revenue Cash paid for taxes 288,090 Cash received from customers 1,647,351 575,016 Cash received from sale of building (at book value) Cash paid for operating expenses 224,070 Beginning cash balance 32,010 Cash paid for goods and services 812, 181 1,033,050 Cash received from issuing common stock Cash paid to redeem bonds at maturity 582,000 Cash paid to purchase equipment 329,412 Prepare a statement of cash flows using the direct method. (Show amounts in the investing and financing sections that decrease cash flow with either a sign e.g. -15,000 or in parenthesis e.g. (15,000).)