Mail - Autumn M Ploof - Outlook X F McGraw Hill Connect X Question 3 - Ch15 HW - Connect X + V X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmi... @ * A Paused Update Apps Scholarships for Jac... Human Resources S... @ Mid-term Grades -... Housing Bb Blackboard Learn Corporate Secretarial potential christmas.. @ DNM Properties L.L.. Reading list Ch15 HW Saved Help Save & Exit Submit Check my work 3 The following changes took place last year in Pavolik Company's balance sheet accounts: Asset and Contra-Asset Accounts Liabilities and Stockholders' Equity Accounts Cash $ 32 D Accounts payable 98 I Accounts receivable $ 36 I Accrued liabilities 36 D 3 Inventory 82 D Income taxes payable 41 I points Prepaid expenses 31 I Bonds payable $ 300 I Long-term investments 33 D Common stock $ 144 D Property, plant, and equipment $ 575 I Retained earnings $ 118 I eBook Accumulated depreciation $ 118 I Hint D = Decrease; I = Increase. Print Long-term investments that cost the company $33 were sold during the year for $70 and land that cost $69 was sold for $36. In References addition, the company declared and paid $30 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock. The company's income statement for the year follows: Sales $1, 380 Cost of goods sold 614 Gross margin 766 Selling and administrative expenses 540 Net operating income 226 Nonoperating items: Loss on sale of land $ (33 ) Gain on sale of investments 37 4 Mc Graw Hill 7:26 PM Type here to search O a hulu N CA 28 310F A 9 8 12/13/2021Mail - Autumn M Ploof - Outlook X F McGraw Hill Connect X Question 3 - Ch15 HW - Connect X + V X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmi... @ * A Paused Update Apps Scholarships for Jac... Human Resources S... @ Mid-term Grades -... & Housing Bb Blackboard Learn Corporate Secretarial potential christmas.. @ DNM Properties L.L.. Reading list Ch15 HW Saved Help Save & Exit Submit Check my work 3 Gain on sale of investments 37 4 Income before taxes 230 Income taxes 82 Net income $ 148 3 points The company's beginning cash balance was $152 and its ending balance was $120. eBook Required: 1. Use the indirect method to determine the net cash provided by operating activities for the year. Hint 2. Prepare a statement of cash flows for the year. Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the indirect method to determine the net cash provided by operating activities for the year. (Adjustment amounts that are to be deducted should be indicated with a minus sign.) Pavolik Company Statement of Cash Flows (partial) Mc Graw Hill 7:26 PM Type here to search O Eli a hulu N CA 28 310F A 9 12/13/2021Mail - Autumn M Ploof - Outlook X F McGraw Hill Connect X Question 3 - Ch15 HW - Connect X + V X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmi... @ * A Paused Update Apps Scholarships for Jac... Human Resources S... e Mid-term Grades -... S Housing Bb Blackboard Learn Corporate Secretarial potential christmas.. @ DNM Properties L.L.. Reading list Ch15 HW Saved Help Save & Exit Submit Check my work 3 Required 1 Required 2 Use the indirect method to determine the net cash provided by operating activities for the year. (Adjustment amounts that are to be deducted should be indicated with a minus sign.) 3 points Pavolik Company Statement of Cash Flows (partial) eBook Hint Print References Mc Graw Hill Type here to search a N 7:27 PM hulu CA 28 310F A 9 8 6 12/13/2021Mail - Autumn M Ploof - Outlook X F McGraw Hill Connect X Question 3 - Ch15 HW - Connect X + V X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmi... @ * A Paused Update Apps Scholarships for Jac... Human Resources S... e Mid-term Grades -... Housing Bb Blackboard Learn Corporate Secretarial potential christmas.. DNM Properties L.L.. Reading list Ch15 HW Saved Help Save & Exit Submit Check my work 3 Pavolik Company Statement of Cash Flows Operating activities 3 points Investing activities: eBook Hint Print References Financing activities: Beginning cash and cash equivalents Ending cash and cash equivalents Mc Graw Hill Type here to search O a hulu N 7:27 PM CA 28 310F A 9 8 4 12/13/2021