Please help me with calculations

Monty Company had the following information available at the end of 2017, MONTYCOMPANY COMPARATIVE BALANCE SHEETS AS OF DECEMBER 31, 2017 AND 2016 2017 2016 Cash $9,970 $4,010 Accounts receivable 20,500 13,040 Short-term investments 21,940 30,160 Inventory 42,320 34,780 Prepaid rent 3,020 12,120 Prepaid insurance 2,090 90 Supplies 1,000 Land 126,160 175,440 Buildings 352,130 352,130 Accumulated depreciation-buildings (104,830) (87,130) Equipment 530,020 403,210 Accumulated depreciation-equipment (130,870) (112,370) Patents 45,030 49,940 Total assets $918,480 $875,494 74 Accounts payable Income taxes payable Salaries and wages payable Short-term notes payable Long-term notes payable Bonds payable Premium on bonds payable Common stock Paid-in capital in excess of par-common stock Retained earnings Total liabilities and stockholders' equity $22,190 5,040 5,000 10,020 60,200 396,570 32,500 238,900 24,850 123.210 $918,480 $31,890 3,990 3.030 10,020 69,910 396,570 35,994 222,010 17,550 84,530 $875,494 MONTY COMPANY INCOME STATEMENT AND DIVIDEND INFORMATION FOR THE YEAR ENDED DECEMBER 31, 2017 Sales revenue $1,152,250 Cost of goods sold 745,860 406,390 $79,980 150,950 41,110 272,040 134,350 Gross margin Operating expenses Selling expenses Administrative expenses Depreciation/Amortization expense Total operating expenses Income from operations Other revenues/expenses Gain on sale of land Gain on sale of short-term investment Dividend revenue Interest expense Income before taxes Income tax expense Net income Dividends to common stockholders To retained earnings 8,080 3,990 2,400 (51,260) (36,790) 97,560 39,290 58,270 (19,590 ) $38,680 Prepare a statement of cash flows for Monty Company using the direct method accompanied by a reconciliation schedule. Assume the short-term investments are debt securities, classified as available-for-sale. (Show amounts in the investing and financing sections that decrease cash flow with either a-signe.g.-15,000 or in parenthesis eg. (15,000).) MONTY COMPANY Statement of Cash Flows For the Year Ended December 31, 2017 (Direct Method) Cash Flows from Operating Activities Cash receipts: Cash Recelved from Customers 1144790 Dividends Received 2.400 1147190 Cash payments: | Cash Pald to Suppliers to Suppliers 7631001 Cash Paid for Operating Expenses 38240 i Cash Pald for Taxes Cash Pald for Interest -51260 750110 Net Cash Provided by Operating Actlyitles 397080 Cash Flows from Investing Activities Sale of Short-term Investments 3,990 Sale of Land 8,080 Purchase of Equipment 126810 Net Cash Used by Investing Activities 138880 Cash Flows from Financing Activities Dividends Pald 19,590 Principal Payment on Long-term Debt 9710 Proceeds from Issuance of Common Stock 7300 Net Cash Used by Financing Activities 35600 Net Increase in Cash Cash, January 1, 2017 Cash, December 31, 2017 (Show amounts that decrease cash flow with either a-signeg. -15,000 or in parenthesis eg. (15,000)) Recondiliation Schedule Reconciliation of Net Income to Net Cash Provided by Operating Actitles $ 58,270 Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Actitles Gain on Sale of Land Gain on Sale of Short-term investments Amortization of Bond Premium Increase in Accounts Recevable Increase in Inventory Decrease in Prepald Rent Increase in Prepaid Insurance Increase in Supplies Decrease in Accounts Payable Increase in Income Taxes Payable Increase in Salaries and Wages Payable Depreciation/Amortization Expense Total Adjustments Net Cash Provided by Operating Activities Monty Company had the following information available at the end of 2017, MONTYCOMPANY COMPARATIVE BALANCE SHEETS AS OF DECEMBER 31, 2017 AND 2016 2017 2016 Cash $9,970 $4,010 Accounts receivable 20,500 13,040 Short-term investments 21,940 30,160 Inventory 42,320 34,780 Prepaid rent 3,020 12,120 Prepaid insurance 2,090 90 Supplies 1,000 Land 126,160 175,440 Buildings 352,130 352,130 Accumulated depreciation-buildings (104,830) (87,130) Equipment 530,020 403,210 Accumulated depreciation-equipment (130,870) (112,370) Patents 45,030 49,940 Total assets $918,480 $875,494 74 Accounts payable Income taxes payable Salaries and wages payable Short-term notes payable Long-term notes payable Bonds payable Premium on bonds payable Common stock Paid-in capital in excess of par-common stock Retained earnings Total liabilities and stockholders' equity $22,190 5,040 5,000 10,020 60,200 396,570 32,500 238,900 24,850 123.210 $918,480 $31,890 3,990 3.030 10,020 69,910 396,570 35,994 222,010 17,550 84,530 $875,494 MONTY COMPANY INCOME STATEMENT AND DIVIDEND INFORMATION FOR THE YEAR ENDED DECEMBER 31, 2017 Sales revenue $1,152,250 Cost of goods sold 745,860 406,390 $79,980 150,950 41,110 272,040 134,350 Gross margin Operating expenses Selling expenses Administrative expenses Depreciation/Amortization expense Total operating expenses Income from operations Other revenues/expenses Gain on sale of land Gain on sale of short-term investment Dividend revenue Interest expense Income before taxes Income tax expense Net income Dividends to common stockholders To retained earnings 8,080 3,990 2,400 (51,260) (36,790) 97,560 39,290 58,270 (19,590 ) $38,680 Prepare a statement of cash flows for Monty Company using the direct method accompanied by a reconciliation schedule. Assume the short-term investments are debt securities, classified as available-for-sale. (Show amounts in the investing and financing sections that decrease cash flow with either a-signe.g.-15,000 or in parenthesis eg. (15,000).) MONTY COMPANY Statement of Cash Flows For the Year Ended December 31, 2017 (Direct Method) Cash Flows from Operating Activities Cash receipts: Cash Recelved from Customers 1144790 Dividends Received 2.400 1147190 Cash payments: | Cash Pald to Suppliers to Suppliers 7631001 Cash Paid for Operating Expenses 38240 i Cash Pald for Taxes Cash Pald for Interest -51260 750110 Net Cash Provided by Operating Actlyitles 397080 Cash Flows from Investing Activities Sale of Short-term Investments 3,990 Sale of Land 8,080 Purchase of Equipment 126810 Net Cash Used by Investing Activities 138880 Cash Flows from Financing Activities Dividends Pald 19,590 Principal Payment on Long-term Debt 9710 Proceeds from Issuance of Common Stock 7300 Net Cash Used by Financing Activities 35600 Net Increase in Cash Cash, January 1, 2017 Cash, December 31, 2017 (Show amounts that decrease cash flow with either a-signeg. -15,000 or in parenthesis eg. (15,000)) Recondiliation Schedule Reconciliation of Net Income to Net Cash Provided by Operating Actitles $ 58,270 Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Actitles Gain on Sale of Land Gain on Sale of Short-term investments Amortization of Bond Premium Increase in Accounts Recevable Increase in Inventory Decrease in Prepald Rent Increase in Prepaid Insurance Increase in Supplies Decrease in Accounts Payable Increase in Income Taxes Payable Increase in Salaries and Wages Payable Depreciation/Amortization Expense Total Adjustments Net Cash Provided by Operating Activities