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Charlotte Company's net income last year was $83,000. Changes in the company's balance sheet accounts for the year appear below: Increases (Decreases) Asset and Contra-Asset

Charlotte Company's net income last year was $83,000. Changes in the company's balance sheet accounts for the year appear below:

Increases (Decreases)
Asset and Contra-Asset Accounts:
Cash$30,500
Accounts receivable$21,000
Inventory$(28,000)
Prepaid expenses$3,500
Long-term investments$39,000
Property, plant and equipment$69,000
Accumulated depreciation$45,000
Liability and Equity Accounts:
Accounts payable$(28,000)
Accrued liabilities$18,000
Income taxes payable$48,000
Bonds payable$(59,000)
Common stock$29,000
Retained earnings$70,000

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 $13,000.

Required:

a.

Prepare the operating activities section of the company's statement of cash flows for the year. (Use the indirect method.)(Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.)

I need it in the attached format please

image text in transcribed Statement of Cash Flows Operating activities: $ (Click to select) Adjustments to convert net income to cash basis: $ Net cash operating activities $ (Click to select) b. Prepare the investing activities section of the company's statement of cash flows for the year. (Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.) Statement of Cash Flows Investing activities: $ (Click to select) (Click to select) Net cash investing activities $ (Click to select) c. Prepare the financing activities section of the company's statement of cash flows for the year. (Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.) Statement of Cash Flows Financing activities: $ Net cash financing activities (Click to select) $

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