Exercise 15-5 (Static) Statement of Cash Flows [LO15-5]

Assume the following information:

Item	Amount	Item	Amount
Beginning cash and cash equivalents	$ 110,000	Gain on sale of equipment	$ (11,000)
Additions to plant and equipment	$ (180,000)	Increase in accounts receivable	$ (11,000)
Depreciation	$ 40,000	Increase in accounts payable	$ 5,000
Cash dividends	$ (25,000)	Proceeds from sale of equipment	$ 70,000
Additions to long-term investments	$ (60,000)	Issuance of bonds payable	$ 80,000
Decrease in inventory	$ 21,000	Decrease in income taxes payable	$ (4,000)
Increase in accrued liabilities	$ 7,000	Decrease in prepaid expenses	$ 5,000
Issuance of common stock	$ 30,000	Net income	$ 115,000

During the year, the company did not sell any long-term investments, retire any bonds payable, or repurchase any common stock.

Required:

Calculate the net cash provided by operating activities.

Calculate the net cash provided by (used in) investing activities.

Calculate the net cash provided by (used in) financing activities.

Calculate the cash and cash equivalents ending balance.

Calculate the net cash provided by operating activities. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Calculate the net cash provided by (used in) investing activities. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Calculate the net cash provided by (used in) financing activities. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Calculate the cash and cash equivalents ending balance. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign