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Kindly help me fill this table asap, I'll give you 5starrs and an upvote too please 1. Use the following excerpts from Open Air Company's
Kindly help me fill this table asap, I'll give you 5starrs and an upvote too please
1. Use the following excerpts from Open Air Company's financial information to prepare a statement of cash flows (indirect method) for the year 2018. Beginning cash Net income Depreciation expense Accounts receivable change Inventory change Prepaid assets change Investments change (no asset sales) Accounts payable change Note payable principal balance change (no new loans) Common stock balance change (due to stock issuance) $120,000 87,500 22,000 8,900 (6,500) 2,400 30,000 (800) (21,000) 36,000 Solution: Note: Use dollar signs and commas where appropriate (2 point penalty) OpenAir Company Statement of Cash Flows Year Ended December 31, 2018Step by Step Solution
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