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Increase in Accounts Payable Increase in Accounts Receivable Net Cash used by Investing Activities Cash Flows from Financing Activities Issue Notes Payable Dividends Paid Net

Increase in Accounts Payable
Increase in Accounts Receivable
Net Cash used by Investing Activities
Cash Flows from Financing Activities
Issue Notes Payable
Dividends Paid
Net Cash Provided by Financing Activiti
Net Increase in Cash
$ Compute free cash flow.
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Attempts: 1 of 5 used Splish Beverage reported the following items in the most recent year.
\table[[Net income,$36,000],[Dividends paid,4,500],[Increase in accounts receivable,9,000],[Increase in accounts payable,6,300],[Purchase of equipment (capital expenditure),7,200],[Depreciation expense,3,600],[Issue of notes payable,18,000]]
Prepare the statement of cash flows to net change in cash during the year. (Show amounts that decrease cash flows with either a - sign e.g.-15,000 or in parenthesis e.g.(15,000).)
SPLISH BEVERAGE
Statement of Cash Flows
Cash Flows from Operating Activities
$
Adjustments to reconcile net income to
Net Cash Provided by Operating Activi
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