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please help me with this question Peterose Software Inc has asamblead the following data for the year enord December , 2070 om Click the icon
please help me with this question Peterose Software Inc has asamblead the following data for the year enord December , 2070 om Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Requirement Prepare Porto Software in statement of cash for the direct method to report operating activities include an accompanying schedule of non-coth weating and financing activities How much of the cash used for investing activities was provided by operations? minus sign or parentheses for subtracting numbers that are typically shown enciosed in parentheses in a statement of cash flow.) Peterrose Software Inc Statement of Cash Flows For the Year Ended December 31, 2020 Cash flows from operating activities Net income Adjustments to reconcile net income to meet each provided by operating activities Depreciation Loss on sale of equipment Increase in accounts receivable Increase in inventories Increase in prepaid expenses Increase in accounts payable Increase in income tax payable Decrease in accrued liabilities December 31, 2020 2019 Current Accounts: Current assets: Cash and cash equivalents $ 52,300 $ 23,000 Accounts receivable 70,000 64,900 Inventories 88,200 85,000 3,700 1,800 Prepaid expenses Current liabilities: 57,700 Accounts payable 56,200 Income tax payable 18,800 16,300 15,200 27,100 Accrued liabilities I Transaction data Transaction Data for 2020: $ Acquisition of land by issuing long-term note payable.. Stock dividends 97,000 31,800 10,000 21,000 65,000 61,000 45,100 14,100 Collection of loan Depreciation expense Purchase of building Repayment of bonds payable by issuing common shares .... Purchase of long-term investment... Repurchase of common shares Loss on sale of equipment .. Payment of cash dividends.. Issuance of long-term note payable to borrow cash Net income... Issuance of common shares for cash Proceeds from sale of equipment 2,500 18,200 34.800 27,000 36,000 58,500 Print Done Peterrose Software Inc. has assembled the following data for the year ended December 31, 2020, (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Requirement Prepare Peterrose Software Inc.'s statement of cash flows using the indirect method to report operating activities. Include an accompany much of the cash used for investing activities was provided by operations? Decrease in accrued liabilities Subtotal Net cash provided by operating activities Cash flows from investing activities: Purchase of building Purchase of long-term investment Proceeds from sale of equipment Collection of loan Net cash used for investing activities Cash flows from financing activities: Issuance of common shares Issuance of long-term note payable Payment of cash dividends Repurchase of common shares Net cash provided by financing activities Peterrose Software Inc. has assembled the following data for the year ended December 31, 2020 (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Requirement Prepare Peterrose Software Inc.'s statement of cash flows using the Indirect method to report operating activities. Include an accomp much of the cash used for investing activities was provided by operations? Issuance of common shares Issuance of long-term note payable Payment of cash dividends Repurchase of common shares Net cash provided by financing activities Net increase (decrease) in cash Cash balance, December 31, 2019 Cash balance, December 31, 2020 Non-cash investing and financing activities: Acquisition of land by issuing long-term note payable Repayment of bonds payable by issuing common shares Total non-cash investing and financing activities How much of the cash used for investing activities was provided by operations? Operations provided of the cash used in the investing activities
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