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l the Cash Inllow or Cash Outflow column il8d ob statement of cash flows. As appropriate, place an X in the Operating. Investing, or ase

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l the Cash Inllow or Cash Outflow column il8d ob statement of cash flows. As appropriate, place an X in the Operating. Investing, or ase ROBLEM 14-9 Understanding a Statement of Cash Flows ILO14-1, LO14-2 rock Company is a merchandiser that prepared the statement of cash flows and inoome statement provided below Brock Company Statement of Cash Flows-Indirect Method Operating Activities Net Income Adjustments to convert net income to a cash basis 275 140 24) 39 Increase in accounts receivable w... Decrease in Inventory Decroase in accounts payable Decrease in accrued lablitie Increase in income taces payable Gain on sale of equipment Not cash provided by operating activitios 1107 42 Investing Activities Additions to property, plant, and equlpment.(150 Proceeds trom sale of equipment Net cash used in investing bites (131) Rnancing Activities Issuance of bonds payable issuance of corner, stock Cash dividencs paid Not cash provided by financing activitios 40 cBook Pro

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