Exercise 2 640 800 16 Prepare a cash flow statement given the following information Sales 800 A/P decrease COGS 160 A/R increase Gross Profit Beg. cash balance Operating Exp. Bonds issued Rent Exp. Dividends paid Wage Exp. 320 End. cash balance Depreciation Exp. 40 Inventory decrease Total Oper. Exp. Machine purchased Operating Income 200 Proceeds - sale of equipment Gain on Sale Equip. 120 Stock issued Net Income 320 Wages payable increase Your Co. Statement of Cash Flows Year Ending 20x9 440 120 1,600 320 440 400 200 Cash from Operations Net Income A/P decrease A/R increase Depreciation exp. Gain on sale equip. Inventory decrease Wages payable increase Net Cash from Operations Cash from Investing Machine purchased Proceeds - sale of equipment Net Cash from Investing Cash from Financing Bonds issued Dividends paid Stock issued Net Cash from Financing Net Cash Flow + Beg. cash balance = End. cash balance