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Ex 174 A comparative Balance Sheet for Chichorreo Co. is presented below: Additional Information: 1. Net loss for 2021 is $10,000. 2. Cash dividends of

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Ex 174 A comparative Balance Sheet for Chichorreo Co. is presented below: Additional Information: 1. Net loss for 2021 is $10,000. 2. Cash dividends of $14,000 were declared and paid in 2021 . 3. Land was sold for cash at a loss of $4,000. This was the only land transaction during the year. 4. Equipment with a cost of $15,000 and accumulated depreciation of $10,000 was sold for $5,000 cash. 5. $22,000 of bods were retired during the year at carrying (book) value. 6. Equipment was acquired for common stock. The fair market of the stock at the time of the exchange was $25,000. Instructions: Prepare a statement of cash flows for the year ended 31 December 2021, using the indirect method. Cach Flinue from Onarwi:n 4 asususa Statement of Cash Flows Cash flows from operating activities: \begin{tabular}{|l|l|l|} \hline Net Income & & \\ \hline Adjustments to reconcile net income to net cash & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Net cash provided (used) by operating activities & \\ \hline Cash flows from investing activities: & \\ \hline & & \\ \hline & & \\ \hline Net cash provided (used) by investing activities & & \\ \hline Cash flows from financing activities: & \\ \hline & & \\ \hline & & \\ \hline Net cash provided (used) by financing activities & \\ \hline Net Change in cash during 2021 & & \\ \hline Cash Beginning Balance 1 enero 2021 & \\ \hline Cash Ending Balance 31 diciembre 2021 & \\ \hline \end{tabular}

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