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please fill out chart Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Debits > Credits by:
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Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Debits > Credits by: $100,500 170,500 Credits > Debits by: $ 84,400 4,200 113,000 94,000 320,000 Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 65,800 48,700 5,900 9,900 409,000 121,000 76,900 $811,900 $ 811,900 The following additional information is available about last year's activities: a. Net income for the year was $_? b. The company sold equipment during the year for $35,400. The equipment originally cost $160,500 and it had $127100 in accumulated depreciation at the time of sale. c. Cash dividends of $10,600 were declared and paid during the year. d. The beginning and ending balances in the plant and Equipment and Accumulated Depreciation accounts are given below: Plant and equipment Accumulated depreciation Beginning Ending $2,874,000 $3,194,000 $980,100 $1,045,900 e. The balance in the Cash account at the beginning of the year was $109,600; the balance at the end of the year was $_? f. If data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change. Required: Using the indirect method, prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.) Yoric Company Statement of Cash Flows Operating activities: Investing activities: Financing activities: Investing activities: Financing activities: Beginning cash and cash equivalents Ending cash and cash equivalents Step by Step Solution
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