Part 1:

a.) $65,500

b.) $68,850

c.) $59,800

d.) $73,300

Part 2:

a.) $103

b.) $145

c.) $179

d.) ($33)

The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) Depreciation Expense Decrease in Accounts Payable Decrease in Inventory Increase in Bonds Payable Sale of Common Stock for cash Increase in Accounts Receivable $52.000 $12,500 $ 2,850 $ 3,350 $13,500 $30,700 $ 5,200 Based on this information, the net cash provided by (used in) operating activities using the indirect method would be: Alcoser Corporation's most recent balance sheet appears below. Comparative Balance Sheet Ending Beginning Balance Balance $105 58 78 654 258 Assets: Cash and cash equivalents Accounts receivable Inventory Property, plant, and equipment Less accumulated depreciation Total assets Liabilities and stockholders' equity: Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and equity $ 46 61 115 561 231 $552 $637 $ 66 42 27 254 100 148 $637 $ 75 41 53 225 94 64 $552 Net income for the year was $112. Cash dividends were $28. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows. The net cash provided by (used in) operating activities for the year was