One, Inc.'s accountants have assembled the following data for the year ended May 31, 2016

Cash receipt from sale of equipment $15,000 Depreciation expense 11,000 Cash payment of dividends 5,500 Cash receipt from issuance of common stock 18,000 Net income 32,000 Cash purchase of land 19,000 Increase in current liabilities 11,000 Decrease in current assets other than cash 12,000

Prepare One's statement of cash flows using the indirect method for the year ended May 31, 2016. Assume beginning and ending Cash are $14,000 and $88,500 respectively.

6. One, Inc's accountants have assembled the following data for the year ended May 31, 2016 (Click the icon to view the data) HOW IT 1 Sub respectvely 2 Get 3 Post How Prepare One's statement of cash flows using the indirect method for the year ended May 31, 2016. Assume beg respectively One, Inc. Statoment of Cash Flows Year Ended May 31, 2016 Cash Flows from Operating Activities Net income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities 32,000 Choose from any ist or enter any number in the imput tieios and then continue to the next