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compute the amount of cash calent will receive during d The comparative balance sheets for Gallup Company appear below: Additional information: Net income for the

compute the amount of cash calent will receive during d
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The comparative balance sheets for Gallup Company appear below: Additional information: Net income for the year ended December 31, 2016, was exist16,000. Cash dividends of exist18,000 were declared and paid during the year. Long-term investments that had a book value of exist18,000 were for exist16,000. Sales for 2017 are exist120,000. INSTRUCTIONS: Prepare a statement of cash flows, in proper form, for the year ended December 31, 2016, using the indirect method. Use the form on the page 7

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