Denver Corporation uses the Indirect Method to prepare its Cashflow Statement.

The 10 items in the table below belong on Denvers Cashflow Statement which follows the table.

First write the item and its dollar amount under the activity it correctly belongs under (Operating, Investing or Financing) on the Cashflow Statement.

Next, for each item, identify whether it is a cash Inflow (or positive adjustment to Net Income in the Operating Section) by leaving the dollar amounts positive. If the item is a cash Outflow (or a negative adjustment to Net Income in the Operating Section), make the numbers negative by adding ( ) parenthesis around them.

Also calculate the total dollar amount for each of the three activities - being careful to use parenthesis if the total is negative.

Cashflow Items Amount

Decrease in Accounts Receivable	$20,000
Annual Depreciation Expense	200,000
Paid back Long Term Loan Principle	250,000
Proceeds from Sale of Property, Plant & Equipment	110,000
Proceeds from Acquiring Short Term Loan	300,000
Increase in Accounts Payable	50,000
Dividend Paid on Common Stock	300,000
Proceeds from sale of investments	80,000
Purchase of Treasury Stock	750,000
Increase in Inventory	145,000

Denver Corporation

Statement of Cashflows

For the Year Ended Dec. 31, 2017

Cash flows from Operating Activities:

Net Income $ 2,185,000 ____________

Net Cash provided by Operating Activities $

Cash flows from Investing Activities:

____________

Net Cash from Investing Activities $

Cash flows from Financing Activities ____________

Net Cash provided by Financing Activities $

Total Net Increase in Cash $ 1,500,000