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Loralie Corporation uses the indirect method to prepare its statement of cash ows. Data related to cash activities for last year is as follows: a

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Loralie Corporation uses the indirect method to prepare its statement of cash ows. Data related to cash activities for last year is as follows: a (Click the icon to view the data.) Answer the following questions: 0 Data Table 1. What was the net cash ow from operating activities for the year? 2. What was the cash ow from (or used for) investing activities for the year? 3. What was the cash ow from (or used for) nancing activities for the year? 4. What was the net change in cash for the year? Net income ............................ $ 92,701 5. If the beginning balance of cash for the year was $153,000, what was the balance of cash at the end of the year? Dividends paid (cash) ___________________ $ 50 90' Depreciation expense ................... $ 12,001 1. Calculate the net cash ow from operating activities for the year. (If a box is not used in the statement, leave the box emp N t d . t ts $ 21 10' minus sign for numbers to be subtracted or net cash outows.) e ecrease In curren asse """""" ' Issued new notes payable for cash ......... $ 41,701 099\"\" \"hm\": Paid cash for building ................. $ 277,001 Net decrease in current liabilities .......... $ 5,901 Sold investment for cash ............... $ 150,001 Print Done Net cash provided by (used for) operating activities 2. Calculate the cash ow from (or used for) investing activities for the year. (If a box is not used in the statement, leave the b or a minus sign for numbers to be subtracted or net cash outows.) Investing Activities: v Q Net cash used by investing activities :| 3. Calculate the cash ow from (or used for) nancing activities for the year. (If a box is not used in the statement, leave the or a minus sign for numbers to be subtracted or net cash outows.) Financing Activities: : L|:| Phnnen 'mm an" liai- nr uni-or or\": nl Imhnr in {-hn innl I+ \"an13 and +hnn nnanI In +n fhn navi- "I loci-inn 4. What was the net change in cash for the year? The net change in cash for the year was :I of :l . 5. If the beginning balance of cash for the year was $153,000, what was the balance of cash at the end of the year? The balance of cash at the end of the year was :I

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