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Following is information for the Tri-County Carting Corporation for fiscal years 20-A and 20-B: Liabilities Current liabilities: Tri-County Carting Corporation Income Statement For the Year

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Following is information for the Tri-County Carting Corporation for fiscal years 20-A and 20-B: Liabilities Current liabilities: Tri-County Carting Corporation Income Statement For the Year Ended December 31, 20-B Tri-County Carting Corporation Statement of Retained Earnings For the Year Ended December 31, 20-B \begin{tabular}{lrr} \hline Retained earnings, January 1 & $65,071 \\ Net income & $122,237 & \\ Less dividends & (35,200) & \\ \cline { 2 } Net increase in retained earnings & 87,037 \\ Retained earnings, December 31 & $152,108 \\ \hline \end{tabular} 1. Prepare a schedule for the calculation of cash generated from operating activities for the year ended December 31 , 20-B. Tri-County Carting Corporation Schedule for the Calculation of Cash Generated from Operating Activities 2. Prepare a statement of cash flow for the year ended December 31,20 -B. Use a minus to indicate any decreases in cash or cash outflows. Tri-County Carting Corporation Statement of Cash Flows For the Year Ended December 31, 20-B Cash flows from operating activities: Total cash disbursed for operating activities Net cash provided by operating activities Cash flows from investing activities: Net cash used by investing activities Cash flows from financing activities: Net cash used by financing activities Cash and cash equivalents, January 1,20B Cash and cash equivalents, December 31,20B Following is information for the Tri-County Carting Corporation for fiscal years 20-A and 20-B: Liabilities Current liabilities: Tri-County Carting Corporation Income Statement For the Year Ended December 31, 20-B Tri-County Carting Corporation Statement of Retained Earnings For the Year Ended December 31, 20-B \begin{tabular}{lrr} \hline Retained earnings, January 1 & $65,071 \\ Net income & $122,237 & \\ Less dividends & (35,200) & \\ \cline { 2 } Net increase in retained earnings & 87,037 \\ Retained earnings, December 31 & $152,108 \\ \hline \end{tabular} 1. Prepare a schedule for the calculation of cash generated from operating activities for the year ended December 31 , 20-B. Tri-County Carting Corporation Schedule for the Calculation of Cash Generated from Operating Activities 2. Prepare a statement of cash flow for the year ended December 31,20 -B. Use a minus to indicate any decreases in cash or cash outflows. Tri-County Carting Corporation Statement of Cash Flows For the Year Ended December 31, 20-B Cash flows from operating activities: Total cash disbursed for operating activities Net cash provided by operating activities Cash flows from investing activities: Net cash used by investing activities Cash flows from financing activities: Net cash used by financing activities Cash and cash equivalents, January 1,20B Cash and cash equivalents, December 31,20B

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