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Mountain Distillery Inc. accountants have assembled the following data for the year ended June 30, 2020. (Click the icon to view the data.) Prepare only
Mountain Distillery Inc. accountants have assembled the following data for the year ended June 30, 2020. (Click the icon to view the data.) Prepare only the operating activities section of Mountain Distillery Inc.'s cash flow statement for the year ended June 30, 2020. Mountain uses the indirect method for operating cash flows. BER (Use parentheses or a minus sign for numbers to be subtracted or a net cash outflow.) More Info Mountain Distillery Inc. Cash Flow Statement (partial) For the Year Ended June 30, 2020 Payment of dividends Cash receipt from issuance of common shares Cash flows from operating activities Increase in current assets other than cash $ 26,000 52.000 59,000 12,000 108,000 95.000 Repurchase of Mountain Distillery shares Add (subtract) items that affect net income and cash flow differently Net income 8.000 Purchase of equipment Decrease in current liabilities Payment of note payable Cash receipt from sale of land 62.000 130.000 Amortization expense 42.000 Net cash inflow (outflow) from operating activities Choose from any list or enter any number in the input fields and then continue to the next question Print Done Next Yinstructor Tin
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