Hi, please help with the question below! Make sure you follow the following requirements:
1. Follow exactly the same format as the chart that is provided below.
2. Answer the question only in the case you are confident of your answer and you will answer them all
3. Provide the process of how you get these answers. Thank you!!
The accounting records for Shudder Silver, Inc., for the year ended November 30, 2018, contain the following information: (Click the icon to view the information.) Requirement 1. Prepare Shudder Silver, Inc.'s statement of cash flows for the year ended Nove More Info Complete the statement one section at a time, beginning with the cash flows from op Shudder Silver, Inc. Statement of Cash Flows Year Ended November 30, 2018 dow Cash flows from operating activities: Receipts: a. Purchase of fixed assets for cash, $58,400 b. Proceeds from issuance of common stock, $33,000 c. Payment of dividends, $39,400 Collection of interest, $8,000 Payment of salaries, $95,000 Proceeds from sale of fixed assets, $23,500 g. Collections from customers, $635,000 h. Cash receipt of dividend revenue, $4,100 i. Payments to suppliers, $374,300 j. Depreciation expense, $59,900 k. Proceeds from issuance of long-term notes, $46,100 1. Payments of long-term notes payable, $49,000 m. Interest expense and payments, $15,000 n. Income tax expense and payments, $42,000 0. Cash balances: November 30, 2017, $39,900; November 30, 2018, $116,500 Total cash receipts Payments: Print Done The accounting records for Shudder Silver, Inc., for the year ended November 30, 2018, contain the following information: (Click the icon to view the information.) Requirement 1. Prepare Shudder Silver, Inc.'s statement of cash flows for the year ended November 30, 2018. Use the direct method for cash flows from operating activities. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use parentheses or a minus sign for numbers to be subtracted.) Shudder Silver, Inc. Statement of Cash Flows Year Ended November 30, 2018 Cash flows from operating activities: Receipts: Total cash receipts Payments: Total cash payments Net cash provided by (used for) operating activities Cash flows from investing activities: Net cash provided by (used for) investing activities Cash flows from financing activities: Net cash provided by (used for) financing activities Net increase (decrease) in cash: Cash balance, November 30, 2017 Cash balance, November 30, 2018 Choose from any list or enter any number in the input fields and then continue to the next
