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Osalence Seces 1 C D Riley Ryer Coranty in Comparative Balance Sheets March 31, 2017 and 2016 2017 2016 Increase Decrease) 5 Current asset 40.400 6 Cash Accounts receivable Boty 9 Prepaid insurance 10 tal current assets S552005 BOS 52.000 53.800 65,000 59,700 3.500 175.700 133.900 2.500 5300 21008 EE SECO 95.000 50500 112 Land Eupent Inst woments 72.000 10,200 9.900 400 SOS 105 15 total asso 35 17 4.60015 3.600 143 cols TESCO 15.500 9.500 12700 2.000 Currents: 19 Accounts payable 20ste payable shot 21 income table 22 Salawat 23 interessante 20Rudes 125 cunos 26 zz cong 2.800 6.00 B.1001 1100 82.50 2900 92300 45.450 90.500 51003 TE 131.300 184 BDO 130 Stochody 21 Contack 132 candeng Scheiden 1400 59200 S160 OS 1200 ose 0001 5400 31.800 3 ty 5 25 100 305.400 Transactions Selected transaction data for the youth 31, 2017 include the following $ 75400 50.300 $ 2.300 $ 9200 $ 15,200 $ 148,700 3.700 Non b. Pudong terme payable with cash courth payment moyees Us on sale and Acceder bey issuing long note Cash payment to see Cash pandor SE h. Depreciation expuse enginn Pald shortorm nate payable issuing common stock l-Pald cash didents k. Received cash or SSC at common stock. Cash received the customers mcash paide Inco es n Said and tesh Interest received a cash Purchased long-term investment to cash 4400 $ 44.500 3 5298.800 $12.200 Riley Flyer Company, Inc. has the following comparative balance sheet as of March 31, 2017. Click the icon to view the comparative balance sheets) Click the icon to view the transaction data) Requirements 1 Prepare the statement of cash flows for Riley Flyer Company, Inc., for the year ended March 31, 2017. using the 2 Also prepare a supplementary schedule of cash flows from operations using the direct method. Requirement 1. Prepare the statement of cash flows for Riley Flyer Company, Inc., for the year ended March 31, 2017 transactions Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted.) Riley Flyer Company, Inc. Statement of Cash Flows (Indirect Method) For the Year Ended March 31, 2017 Operating Activities: Depreciation expense Issuance of common stock 5. Solland Net income Payment of cash dividends Payment of long-term note payable Faceeds ons land Purchase quipment Purchase of equipment by issuing long-term note payable Purchase of long-term investment Retirement of short term nate payable by issuing common stock Inwisting Activities TO Nel cash provided by used for investing activities Financing Activities Net e provided by used for financing activities Late=s ti i ti Cash beaning of the ve Choose from listener Cash, end of the year Schedule of Disclosures Noncash investing and financing activities: Total noncash investing and financing activities Requirement 2. Also prepare a supplementary schedule of cash flows from operations using the direct method. (Use pa Riley Flyer Company, Inc. Statement of Cash Flows--Operating Activities Section (Direct Method) For the Year Ended March 31, 2017 Operating Activities: Net cash provided by (used for operating activities Choose from any list or emer any number in the input fields and then continue to the next