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Joyner Company's income statement for Year 2 follows: Cost of goods wold points Gross margin selling and al 711,000 485,000 150,800 334,300 10,000 344,200
Joyner Company's income statement for Year 2 follows: Cost of goods wold points Gross margin selling and al 711,000 485,000 150,800 334,300 10,000 344,200 193,300 Its balance sheet amounts at the end of Years 1 and 2 are as follows Cash Property, plant, and equipeast Less acculated depreciation property, plant, and equipment Lean to Ryan Company Bets payable 223,94 59,100 227,000 143,000 318,000 DIPLO 439,000 $17,000 443,419 44,904 305,315 1313,000 www. Total abilities and stockholders' equity Equipment that had cost $30.800 and on which there was accumulated depreciation of $10.700 was sold during Year 2 $30100 The company declared and paid a cash dividend during Year 2. It did not retire any bonds or rep Required these any of as own stack 1 Using the indirect method, compute the net cash provided by used in operating activities for Year 2 2. Prepare a statement of cash flows for Year 2 3 Compute the free cash flow for 2
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