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Current Attempt in Progress The following information is available for Vaughn Manufacturing for 2022. Cash used to purchase treasury stock $ 86,580 Cash dividends paid

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Current Attempt in Progress The following information is available for Vaughn Manufacturing for 2022. Cash used to purchase treasury stock $ 86,580 Cash dividends paid 39.240 Cash paid for interest 40,320 w Net income 835,740 Sales revenue 1,443,600 Cash paid for taxes 178.200 Cash received from customers 1.018.980 Cash received from sale of building (at book value) 355,680 Cash paid for operating expenses 138,600 Beginning cash balance 19,800 Cash paid for goods and services 502,380 Cash received from issuing common stock 639,000 Cash paid to redeem bonds at maturity 360,000 Cash paid to purchase equipment 203,760 Prepare a statement of cash flows using the direct method. (Show amounts in the investing and financing sections that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis eg. (15,000).) Vaughn Manufacturing Statement of Cash Flows-Direct Method 1018980 Question 7 of 8 - 70.5

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