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Below are items related to the financial performance of Frontline Missions for the current year (in thousands). Change in net assets $5,600 Gain on sale
Below are items related to the financial performance of Frontline Missions for the current year (in thousands).
Change in net assets | $5,600 |
Gain on sale of equipment | 400 |
Depreciation and amortization | 8,000 |
Contribution of securities | 250 |
Decrease in pension liability | 1,000 |
Increase in inventories | 40 |
Unrealized gain on investments | 100 |
Contribution of services to build facilities | 425 |
Contribution of legal services | 50 |
Decrease in contributions receivable | 390 |
Required
Prepare the operating section of Frontline Missions statement of cash flows, using the indirect method.
Use negative signs with any answers that decrease (reduce) cash balance.
Frontline Missions Statement of Cash Flows | ||
---|---|---|
(in thousands) | ||
Cash from operating activities | ||
Change in net assets | ||
Gain on sale of equipment | ||
Depreciation and amortization | ||
Contribution of securities | ||
Decrease in pension liability | ||
Increase in inventories | ||
Unrealized gain on investments | ||
Contribution of services to build facilities | ||
Decrease in contributions receivable | ||
Cash from operating activities |
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