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please look at the image and answer the question please 20 Part 1 of 2 1.19 points Skipped eBook Hint print References Ch 16: Homework
please look at the image and answer the question please
20 Part 1 of 2 1.19 points Skipped eBook Hint print References Ch 16: Homework O 495, 785,506 785,506 Required information Exercise 16-22B (Algo) Direct: Preparing statement of cash flows from Cash T-account LO Pl, P3, P5 [The following information applies to the questions displayed below.] The following Cash T-account shows the total debits and total credits to the Cash account of Thomas Corporation for the current year. Cash Ba lance, Receipts Receipts Receipts Receipts Receipts Receipts Ba lance, Debit December 31, prior year f rom f rom f rom f rom f rom f rom customers dividends land sale machinery sate issuing stock borrowing 7,636, 860 2,574, 713 9,447, 887 Payments Payments Payments Payments Payments Payments Payments Payments Payments Pa ents for for for for for for for for for for C red it invento ry wages rent interest taxes machinery stock investments tongterm notes payable dividends treasur stock 5,782,194 2, 007, 403 1, 156,439 1, 636,470 8, 138,711 8,225,989 1, 396,454 1, 811, 027 December 31, current year Exercise 16-22B (Algo) Part 1 (1) Prepare a complete statement of cash flows for the current year using the direct method. Note: Amounts to be deducted should be indicated with a minus sign. THOMAS CORPORATION Statement of Cash Flows For Year Ended December 31 Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Net increase (decrease) in cash Beginning balance of cash Ending balance of cash
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