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In order to prepare the statement of cash flows for Royal Corporation for 2018, the accountant has compiled the following data regarding cash flows: Purchases

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In order to prepare the statement of cash flows for Royal Corporation for 2018, the accountant has compiled the following data regarding cash flows: Purchases of marketable securities Proceeds from sales of marketable securities Interest and dividends received Interest paid Taxes paid Dividends paid Proceeds from short-term borrowing Payments to settle short-term debts (principal repaid) Cash received from customers Cash paid to suppliers and employees Proceeds from issuing capital stock Purchases of plant assets Proceeds from sales of plant assets Cash and cash equivalents, beginning of year aco12$129.600 $202.500 $52.650 $48.600 $117.450 $72.900 $85.050 $97.200 $1.838.700 $1.433.700 $319.950 $542.700 $157.950 $198.450 On the basis of the above information, prepare a complete_statement of cash flows for Roya Corporation, showing the computation of net cash flows from operating activities by the direct metho (50 points) cake peper

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