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Instructions Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2022, using
Instructions Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2022, using the indirect method. E12.7 (LO 2), AP The following information is available for Stamos Corporation for the year ended December 31, 2022. Prepare statement of cash flows-indirect method. Beginning cash balance Accounts payable decrease $ 45,000 3.700 162,000 Depreciation expense Accounts receivable increase 8,200 Inventory increase 11,000 Net income 284,100 Cash received for sale of land at book value 35,000 Cash dividends paid 12,000 Income taxes payable increase 4.700 Cash used to purchase building 289,000 Cash used to purchase treasury stock 26,000 Cash received from issuing bonds 200,000
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