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Hi! I just need help with the numbers for this statement of cash flow by using the direct method. Thanks! View Policies Current Attempt in
Hi! I just need help with the numbers for this statement of cash flow by using the direct method. Thanks!
View Policies Current Attempt in Progress The following information is available for Blue Spruce Corp. for 2017, Cash used to purchase treasury stock Cash dividends paid Cash paid for interest Net income Sales revenue Cash paid for taxes Cash received from customers Cash received from sale of building (at book vale Cash paid for operating expenses Beginning cash balance Cash paid for goods and services Cash received from issuing common stock Cash paid to redeem bonds at maturi Cash paid to purchase equipment $111,592 50,576 51,968 1,077,176 1,860,640 229,680 1,313,352 458,432 178,640 25,520 647,512 823,600 464,000 262,624 Prepare a statement of cash flows using the direct method. (Show amounts in the investing and financing sections that decrease cash flow with either a-sign eg.-15,000 or in parenthesis (15,000).) 15,000 or in parenthesis e.g. Blue Spruce Corp. Statement of Cash Flows-Direct Method For the Year Ended December 31, 2017 0 Type here to search 8-20 PM 5/6/2019 PrtScn F6 4 5 6 8 9 Blue Spruce Corp. Statement of Cash Flows-Direct Method For the Year Ended December,31,2017 Cash Flows from Operating Activities Cash Receipts from Customers Cash Payments Less For Goods and Services For Income Taxes For Operating Expenses For Interest Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Building Purchase of Equipment Net Cash used by Investing Activities O Type here to sear DII 2 3 4 5 6 8 Sale of Building Purchase of Equipment Net Cash used by Investing Activities Cash Flows from Financing Activities Issuance of Common Stock Payment of Cash Dividend Purchase Treasury Stock Cash Paid to Redeem Bonds at MaturityV Net Cash Provided by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period eTextbook and Media eTextbook Media O Type here to search 4 6 8Step by Step Solution
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