Cat CastleInc. Statement of Cash Flows For Year Ended December 31, 2017
Cash Flow from Operating Activities:
Cash Flow from Investing Activities:
Cash Flow from Financing Activities:
Net Increase in Cash:
Cash Balance: January 1, 2017
Cash Balance: December 31, 2018

Question 6 (25 marks) Given the following information for Cat Castle Incorporated prepare their statement of cash flows for December 31, 2017 dsing the indirect method. Also, Explain the process of preparing Indirect Cashflow and specify the differences with respect to ASPE and IFRS standards between Indirect and Direct Cashflow methods. 2017* 375 2016* 250 75 6 95 10 125 325 330 Cash Accounts receivable Interest receivable Inventory Prepaid Expenses Non-current - Note receivable Property, plant and Equipment (net of depreciation) Accounts payable Accrued liabilities Common Shares Retained Earnings Net income Depreciation expense Gain on sale of property *in 000s 2 3 Susa 20 56 755 60 825 105 1.5 lia) Text Predictions: On