donald is reviewing his nephew's cash flows. Huey, Dewey, and Louie all report the same income number ($22,000) and bought the same equipment ($84,000) during the year. Explain how Huey, Dewey, and Louie fund their respective PPE purchase. Whose cash flow would you rate as the best? The worst?

145 E11-21A. (Learning Objectives 3, 4, 5: Interpreting a statement of cash flows-indirect method) Donald is reviewing his nephews' cash flows. Huey, Dewey, and Louie all report the same income number ($22,000) and bought the same equipment ($84,000) during the year. Explain how Huey, Dewey, and Louie fund their respective PPE purchase. Whose cash flow would you rate as the best? The worst? Huey Dewey Louie 2 $ $ Cash flows from operating activities Net income Depreciation and amortization Increase in current assets Decrease in current liabilities 22,000 10,000 (23,000 (12,000) (3,000) 22,000 10,000 (3,000) (5,000) 24,000 22,000 10,000 (12,000) ..(2.000 18,000 8 Cash flows from investing activities: Acquisition of PPE Sales of PPE 10 (84,000) 10,000 (74,000) (84,000). 38.000 (46,000 (84,000 90,000 6,000 12 Cash flows from financing activities: 13 Issuance of shares 14 Payment of debt 98,000 (22,000) 76,000 (1.000) 63,000 (38000) 25,000 3.000 16,000 (24,000) 8,000 16,000 16 Net increase (decrease) in cash $ $ ----. nte for the