Charlotte Company's net income last year was $91,000. Changes in the company's balance sheet accounts for the year appear below:

Asset and Contra-Asset Accounts:		Increases (Decreases)
Cash		$	(13,000)
Accounts receivable		$	16,000
Inventory		$	21,000
Prepaid expenses		$	(8,000)
Long-term investments		$	30,000
Property, plant and equipment		$	60,000
Accumulated depreciation		$	36,000
Liability and Equity Accounts:
Accounts payable		$	(21,000)
Accrued liabilities		$	14,000
Income taxes payable		$	42,000
Bonds payable		$	(50,000)
Common stock		$	20,000
Retained earnings		$	65,000

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.

Required:

a.	Construct in good form the operating activities section of the company's statement of cash flows for the year. (Use the indirect method.) (Negative amounts and amounts to be deducted should be indicated by a minus sign.)

(Click to select) Net loss Net income		$
Adjustments:
(Click to select) Increase in income taxes payable Decrease in accounts receivable Purchase of long-term investments Decrease in prepaid expenses Increase in accounts receivable Depreciation Decrease in accounts payable Increase in inventory Increase in accrued liabilities	$
(Click to select) Decrease in accounts receivable Depreciation Decrease in prepaid expenses Increase in accounts receivable Increase in inventory Increase in accrued liabilities Decrease in accounts payable Purchase of long-term investments Increase in income taxes payable
(Click to select) Increase in accounts receivable Decrease in prepaid expenses Decrease in accounts payable Depreciation Decrease in accounts receivable Increase in accrued liabilities Purchase of long-term investments Increase in income taxes payable Increase in inventory
(Click to select) Increase in accounts receivable Purchase of long-term investments Increase in income taxes payable Increase in accrued liabilities Decrease in accounts payable Increase in inventory Decrease in prepaid expenses Depreciation Decrease in accounts receivable
(Click to select) Decrease in prepaid expenses Decrease in accounts payable Depreciation Increase in inventory Increase in income taxes payable Decrease in accounts receivable Increase in accounts receivable Purchase of long-term investments Increase in accrued liabilities
(Click to select) Increase in accrued liabilities Increase in inventory Purchase of long-term investments Decrease in accounts receivable Depreciation Decrease in accounts payable Increase in accounts receivable Increase in income taxes payable Decrease in prepaid expenses
(Click to select) Increase in accounts receivable Increase in accrued liabilities Increase in income taxes payable Increase in inventory Decrease in prepaid expenses Depreciation Purchase of long-term investments Decrease in accounts payable Decrease in accounts receivable
Net cash (Click to select) used in provided by operating activities		$

b.	Construct in good form the investing activities section of the company's statement of cash flows for the year. (Negative amounts and amounts to be deducted should be indicated by a minus sign.)

(Click to select) Purchase of long-term investments Purchase of property, plant & equipment Issuance of common stock Retirement of bonds payable Purchase of short-term investments	$
(Click to select) Purchase of long-term investments Issuance of common stock Purchase of short-term investments Retirement of bonds payable Purchase of property, plant & equipment
Net cash (Click to select) provided by used in investing activities	$

c.	Construct in good form the financing activities section of the company's statement of cash flows for the year. (Negative amounts and amounts to be deducted should be indicated by a minus sign.)

(Click to select) Cash dividends Purchase of property, plant & equipment Issuance of common stock Purchase of long-term investments Retirement of bonds payable	$
(Click to select) Cash dividends Retirement of bonds payable Purchase of property, plant & equipment Purchase of long-term investments Issuance of common stock
(Click to select) Issuance of common stock Retirement of bonds payable Cash dividends Purchase of property, plant & equipment Purchase of long-term investments
Net cash (Click to select) used in provided by financing activities	$