Chapter 13 13-2B statement of cash flows -indirect method comparative balance sheet of Harris industries pg 675

operating activities. PR 13-2B Statement of cash flows-indirect method Net cash flow from The com Nertinting activies, follows: operating $561,400 (c) WW IIEHOW EXCEL TEMPLATE (Continued) hapter 13 Statement of Cash Flows additional information the income statement and the accounting records revealed the following a. Net income, $524,580 b. Depreciation expense reported on the income statement: buildings, $51,660; machinery and equipment, $22,680. c. Patent amortization reported on the income statement, $5,040. d. A building was constructed for $579,600. e. A mortgage note for $224,000 was issued for cash. f. 30,000 shares of common stock were issued at $13 in exchange for the bonds payable. g. Cash dividends declared, $131,040. Instructions Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities