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I've gotten this far but I'm stuck. Can someone help me please? The following changes took place last year in Pavolik Company's balance sheet accounts:

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The following changes took place last year in Pavolik Company's balance sheet accounts: Asset and Contra-Asset Accounts Cash Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant, and equipnent Accumulated depreciation $ 36 D $ 401 $ 90 D $ 351 $ 37 D $ 635 1 $ 130 1 Liabilities and Stockholders' Equity Accounts Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings $ 1101 5400 $ 451 $ 332 1 $ 1600 $ 130 1 D Decrease 1 Increase Long-term investments that cost the company $37 were sold during the year for $78 and land that cost $77 was sold for $40 In addition, the company declared and paid $34 in cash dividends during the year Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock The company's income statement for the year follows: $ 1,500 670 830 580 250 Sales Cost of goods sold Gross narein Selling and administrative expenses Net operating incone Nonoperating items Loss on sale of Land Gain on sale of Investments Income before taxes Income taxes Net Income $ (37) 41 4 254 90 $ 164 The company's beginning cash balance was $160 and its ending balance was $124. Required: 1 Use the Indirect method to determine the net cash provided by operating activities for the year 2. Prepare a statement of cash flows for the year Required: 1. Use the Indirect method to determine the net cash provided by operating activities for the year. 2. Prepare a statement of cash flows for the year Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the indirect method to determine the net cash provided by operating activities for the year. (Adjustment amounts that are to be deducted should be indicated with a minus sign.) 164 371 Pavolik Company Statement of Cash Flows (partial) Net income Adjustments to convert net income to a cash basis: Loss on sale of land $ Gain on sale of long-term investments Depreciation Increase in accounts receivable Decrease in Inventory Increase in prepaid expenses Increase in accounts payable Decrease in accrued fiabilities Increase in income taxes payable 130 (40) 90 (35) 110 (40) 45 Net cash provided by operating activities 297 461 $ 1 Required 2 > Required: 1. Use the indirect method to determine the net cash provided by operating activities for the year. 2. Prepare a statement of cash flows for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.) Pavolik Company Statement of Cash Flows Operating activities Net cash provided by operating activities Investing activities: Additions to property, plant & equipment 40 40 Financing activities Cash dividends Issuance of bonds payable (34) 332 Beginning cash and cash equivalents Ending cash and cash equivalents 298 338 160 498 $

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