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Bramble Inc., a retaler of garden tools that follows BSPE, had the following stataments preparad as of December 31,2023 : Additional infonmation: 1. Dividands an
Bramble Inc., a retaler of garden tools that follows BSPE, had the following stataments preparad as of December 31,2023 : Additional infonmation: 1. Dividands an comman shares in the amount of $11,400 were daclared and paid during 2023. 2. Depreciation eqeres of $22,500 is included in operatinz expenese. 3. Equipment with a cost of $21,000 that was 70Fe depreciated was sold during 2023 . BRAMBLE CORPORATION Statement of Cash Flows (Indirect Method) Adjustments to reconcile net income to net cash provided by operating activities: $ $ Prepare a statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a- sign e.g. 15,000 or in parenthesis e.g. (15,000).) Statement of Cash Flows (Indirect Method) Cash Flows from Investing Activities Net Increase in Cash and Cash Equivalents Net Cash Used by Financing Activities Net Cash Used by Investing Activities Net Cash Used by Operating Activities Net Cash Provided by Operating Activities Net Cash Provided by Financing Activities Net Decrease in Cash and Cash Equivalents Cash Flows from Operating Activities Cash, December 31, 2020 Cash, January 1, 2020 Net Cash Provided by Investing Activities Cash Flows from Financing Activities $ $ Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000
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