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HELP!!! Hunter Company is developing its annual financial statements at December 31. The statements are complete except for the statement of cash flows. The completed

HELP!!!
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Hunter Company is developing its annual financial statements at December 31. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized Current Year Prior Year Balance Sheet at December 31 Cash Accounts Receivable Inventory Equipment Accumulated Depreciation-Equipment Total Assets Accounts Payable Salaries and Wages Payable Notes Payable (long-term) Common Stock Retained Earnings Total Liabilities and Stockholders' Equity Income Statement (current year) Sales Revenue Cost of Goods Sold Other Expenses Net Income $ 44,110 26,100 29,160 109,900 (36.6ee) $ 172,610 $ 24,400 810 35,000 79,500 32,90 $ 172,610 $ 17,500 28,000 35,000 181,000 (29.500 $ 152,000 $ 21,500 1.ee 47,00 59,000 23,500 $152,000 $ 111,000 66,500 31,489 $ 13,100 Additional Data: a Bought equipment for cash, $8,900 b. Pald $12,000 on the long-term notes payable. Issued new shares of stock for $20,500 cash d. Declared and paid a $3.700 cash dividend. e. Other expenses included depreciation, $7100; salaries and wages, $11,100; taxes, $4,100; utilities $9,100 Accounts Payable includes only inventory purchases made on credit. Because there are no liability accounts relating to taxes or other expenses, assume that these expenses were fully paid in cash Required: 1. Prepare the statement of cash flows for the year ended December 31 using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) HUNTER COMPANY Statement of Cash Flows For the Year Ended December 31 Cash Flows from Operating Activities: Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Changes in Current Assets and Current Liabilities 0 0 Cash Flows from Investing Activities: 0 0 Cash Flows from Investing Activities: 0 Cash Flows from Financing Activities: 0 $ 0

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