eBook Calcuator Print Ibem Exercise 11-49 (Appendix 11A) Preparing a Statement of Cash Flows-Direct Method The controller of Newstrom Software, Inc, provides the following information as the basis for a statement of cash ows Cash collected from anstomers Income taxes pald $785,400 $58,300 Cash paid for interest Payment of dividends 22,100 35,000 Cash paid to employees and other suppliers of goods and services 221,750 Principal payments on mortgage payable 60,000 Cash paid to suppliers of merchandise Principal payments on long-term debt 395,540 22,000 Cash received from the issuance of long-term debt 40,000 Proceeds from the issuance of common stock 85,000 Cash recelved from disposal of equipment Purchase of oqupment 42,500 120,000 Cash received from sale of long term investments 71,400 Prchase of long term investments 75,800 Required Use a minus sign to indicate any cash outflows: 1. Using the information provided above, calculate the net cash provided ( yoperatng actlvites 2. Using the information provided above, calculate the net cash provided (used) by Invcng acthes 3. Using the information provided above, calculate the net cash provided (used) by financing activitles Check Hy Workd Previous hp ers se 7 9 C hon nte K G pause B