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Need help on the blank parts thank you! i dont understand what you meant Statement of Cash Flows-indirect Method The comparative balance sheet of Yellow

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Statement of Cash Flows-indirect Method The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31,20Y and 20Y7, is as follows: per for 20 Y 8 are as follows: a. Net income, $89,240. b. Depreciation reported on the income statement, $33,660. c. Equioment was purchased at a cost of $65,270, and fully depreciated equioment costina $18,180 was discarded, with no salvage realized. Cash flows from operating activities: The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y and 20Y, is as follows: nar21nam21 a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. Net income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Loss on sale of investments Changes in current operating assets and liabilities: Increase in accounts receivable Increase in inventories Increase in accounts payable Decrease in acchued expenses payable Net cash flow from operating activities Cash flows from (used for) investing activities: Cash from sale of investments Cash used for purchase of land Cash used for purchase of equipment Net cash flow used for investing activities Cash flows from (used for) financing activities: Cash from sale of common stock Cash used for dividends Net cash flow from financing activities Increase in cash Cash at the beginning of the year Cash at the end of the year Check My Work We net income reported on the income statement for the current year was $115,500. Depreciation-recorded on store equipment for the year amounted to $19,100. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: a. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method, Use the minus sign to indicate cash cutffoss, cash payments, decreases in cash, or any negative adjustments. Statement of Cash Flows (partial)

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