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Current Attempt in Progress The comparative statements of financial position for Buffalo SA show the following information. Additional data related to 2022 are as follows. Additional data related to 2022 are as follows. 1. Equipment that had cost 14,000 and was 40% depreciated at time of disposal was sold for 3,000. 2. 610,000 of the long-term note payable was paid by issuing ordinary shares 3. Cash dividends paid were 6,000. 4. On January 1, 2022, the building was completely destroyed by a food. Insurance proceeds on the building were 30,000. 5. Equity investments were sold at 1,700 above their cost. 6. Cash was paid for the acquisition of equipment. 7. A long-term note for 16,000 was issued for the acquisition of equipment 8. Interest of 2,000 and income taxes of 5,500 were paid in cash. 3. Cashdividends paid were to,000. 4. On January 1, 2022, the building was completely destroyed by a flood. Insurance proceeds on the building were 30,000. 5. Equity investments were sold at 1,700 above their cost. 6. Cash was paid for the acquisition of equipment. 7. A long-term note for 16,000 was issued for the acquisition of equipment. 8. Interest of 2,000 and income taxes of 5,500 were paid in cash. Prepare astatement of cash flows using the indirect method. (Show amounts that decrease cash flow with eithera-sign 8, 15,000 or in porenthesises. (15,000).) parenthesiseg. (15,000).) Adiuetmante ta rarnnrile nat inenme tn Question 3 of 3 /10 Patent Amortization Increase in inventory. Increase in Accounts Receivable (Net) Increase in Accounts Payable Net Cash Provided by Operating Activities Castiflows from Irwesting Activities Sale of Equlpment Sale of investments Proceedstrom Flood Damage to Building Purchase of Equipment Question 3 of 3 Net Cash Provided by Operating Activities Cash Flows from investing Activities Sale of Equipment Sale of Imestments Proceeds from Flood Damage to Building Purchase of Equipment Net Cash Provided by Imvesting Activities Cash Fiowstrom Financing Activities Pavenent ot Dwidends Payment of Short-term Note Payable Question 3 of 3 Cash Flows from Financing Activities Payment of Dividends Payment of Short-term Note Payable Net Cash Used by Financing Activities Net Increase in Cash Cash. January 1,2022 Cash. Decenser 31,2022 e Supplemental disclosures of cash flow information: Cash Paid During the Year for interest E Question 3 of 3 Cash, December 31,2022 Supplemental disclosures of cash flow information: Cash Paid During the Year for Interest Cash Paid During the Year for income Taxes Non-cash Investing and Firancing Activities Retired Notes Payable by Issuing Ordinary Shares Purchased Equipment by Issuing Notes Payable eTextbook and Media 5avefor Liiter Last saved 1 second ago. /10 E ( E e 6 Current Attempt in Progress The comparative statements of financial position for Buffalo SA show the following information. Additional data related to 2022 are as follows. Additional data related to 2022 are as follows. 1. Equipment that had cost 14,000 and was 40% depreciated at time of disposal was sold for 3,000. 2. 610,000 of the long-term note payable was paid by issuing ordinary shares 3. Cash dividends paid were 6,000. 4. On January 1, 2022, the building was completely destroyed by a food. Insurance proceeds on the building were 30,000. 5. Equity investments were sold at 1,700 above their cost. 6. Cash was paid for the acquisition of equipment. 7. A long-term note for 16,000 was issued for the acquisition of equipment 8. Interest of 2,000 and income taxes of 5,500 were paid in cash. 3. Cashdividends paid were to,000. 4. On January 1, 2022, the building was completely destroyed by a flood. Insurance proceeds on the building were 30,000. 5. Equity investments were sold at 1,700 above their cost. 6. Cash was paid for the acquisition of equipment. 7. A long-term note for 16,000 was issued for the acquisition of equipment. 8. Interest of 2,000 and income taxes of 5,500 were paid in cash. Prepare astatement of cash flows using the indirect method. (Show amounts that decrease cash flow with eithera-sign 8, 15,000 or in porenthesises. (15,000).) parenthesiseg. (15,000).) Adiuetmante ta rarnnrile nat inenme tn Question 3 of 3 /10 Patent Amortization Increase in inventory. Increase in Accounts Receivable (Net) Increase in Accounts Payable Net Cash Provided by Operating Activities Castiflows from Irwesting Activities Sale of Equlpment Sale of investments Proceedstrom Flood Damage to Building Purchase of Equipment Question 3 of 3 Net Cash Provided by Operating Activities Cash Flows from investing Activities Sale of Equipment Sale of Imestments Proceeds from Flood Damage to Building Purchase of Equipment Net Cash Provided by Imvesting Activities Cash Fiowstrom Financing Activities Pavenent ot Dwidends Payment of Short-term Note Payable Question 3 of 3 Cash Flows from Financing Activities Payment of Dividends Payment of Short-term Note Payable Net Cash Used by Financing Activities Net Increase in Cash Cash. January 1,2022 Cash. Decenser 31,2022 e Supplemental disclosures of cash flow information: Cash Paid During the Year for interest E Question 3 of 3 Cash, December 31,2022 Supplemental disclosures of cash flow information: Cash Paid During the Year for Interest Cash Paid During the Year for income Taxes Non-cash Investing and Firancing Activities Retired Notes Payable by Issuing Ordinary Shares Purchased Equipment by Issuing Notes Payable eTextbook and Media 5avefor Liiter Last saved 1 second ago. /10 E ( E e 6