Graded assignment Stmt of Cash Flows Sapphire.xis Insert Draw Page Layout Formulas Data Review View cut Arial Copy Wrap Text Accounting 10 A A Merge & Center$ Paste BIU A Format Sapphire, Inc. Balance Sheet Sapphire, Inc Statement of Cash Flows Indirect Method OPERATING ACTIVI Assets 109,000$ 130.000 21,000 32,700 29.800 .800 65.1009 3,300 nventory Prepaid Exp Equipment 600 20,000 200 6,000 57,000137,000 27,800 27,600 116,000 100,00c 13 Investments 200) 34,300 36,500 1,000 7,800 Accounts payable D,000) ,400 5.200 3,600 Inberest payasle Taxes payable Other accrued Exp Bands payable 19 Net cash fow from operations 18,900 22,50o 62.000 115,000 3,600) INVESTMENT ACTIVITIES 6.00078,000 Retained eanings 174,700 26 Net cash flows used for Inveting sevtes 28 FINANCIAL ACTIITIES 2 Net cesh fows used for financing actvities 35 Cash the begiening of the year Net Income Sepphire sold equipment for $8,000which had orginaly cost 13,200 and had 5 183,300 apphoe asued common Sappheo OO NOT ssue any new ong tem note. or bond. stock for cash. 4Sheett Sheet2 Sheet3 + MacBook Pro esc 0