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Burns Corporation's net income last year was $98,300. Changes in the company's balance sheet accounts for the year appear below: Increases (Decreases) Asset and Contra-Asset

Burns Corporation's net income last year was $98,300. Changes in the company's balance sheet accounts for the year appear below:

Increases (Decreases)
Asset and Contra-Asset Accounts:
Cash and cash equivalents $ 20,500
Accounts receivable $ 13,400
Inventory $ (16,500 )
Prepaid expenses $ 4,400
Long-term investments $ 10,300
Property, plant, and equipment $ 74,900
Accumulated depreciation $ 32,200
Liability and Equity Accounts:
Accounts payable $ (18,700 )
Accrued liabilities $ 17,100
Income taxes payable $ 4,300
Bonds payable $ (64,800 )
Common stock $ 42,800
Retained earnings $ 94,100

The company did not dispose of any property, plant, and equipment, sell any long-term investments, issue any bonds payable, or repurchase any of its own common stock during the year. The company declared and paid a cash dividend of $4,200.

Required:

a. Prepare the operating activities section of the company's statement of cash flows for the year. (Use the indirect method.)

b. Prepare the investing activities section of the company's statement of cash flows for the year.

c. Prepare the financing activities section of the company's statement of cash flows for the year.

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Required A Required B Required C Prepare the operating activities section of the company's statement of cash flows for the year. (Use the indirect method.) (Amounts to be deducted and cash outflows should be indicated with a minus sign.) Operating activities Adjustments: Required A Required B> Required A Required B-Required C Prepare the investing activities section of the company's statement of cash flows for the year. (Amounts to be deducted and cash outflows should be indicated with a minus sign.) Investing activities: Required A Required C> Required A Required B Required C Prepare the financing activities section of the company's statement of cash flows for the year. (Amounts to be deducted and cash outflows should be indicated with a minus sign.) Financing activities K Required B Required C

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