Please number each answer. Thank you.

4.10(b) 1. b. Firm B - Net cash flows provided (used) by operating activities including a $, comma and parentheses if negative (Example - $1,150 or $(1,150)) were: A Question 10 (1 point) 4.10 (b) 2. a. Firm A - The net cash flows provided (used) by investing activities including a $, comma and parentheses if negative (Example - $1,150 or $(1,150)) were: Question 11 (1 point) 4.10 (b) 2. b. Firm B - The net cash flows provided (us by inv activities including a $, comma and parentheses if negative (Example - $1,150 or $(1,150)) were: Question 12 (1 point) 4.10(b) 3. a. Firm A - The net cash flows provided (used) by financing activities including a $, comma and parentheses if negative (Example - $1,150 or $(1,150)) 4.10(b) 3. b. Firm B - The net cash flows provided (used) by financing activities including a $, comma and parentheses if negative (Example - $1,150 or $(1,150)) were: Question 14 (1 point) 4.10(b) 4. a. Firm A - The increase (decrease) in cash including a $, comma and parentheses if negative (Example - $1,150 or $(1,150)) were: A/ Question 15 (1 point) 4.10(b) 4. b. Firm B - The increase (decrease) in cash including a $, comma and parentheses if negative (Example - $1,150 or $(1,150)) were: A/ Question 16 (1 point) 4.10(c) 1. Firm A - The total inflows including a $, comma and parentheses if negative (Example - $1,150 or $(1,150) were: A Question 17 (1 point) 4.10(c) 2. Firm A - The total outflows including a $, comma and parentheses if negative (Example - $1,150 or $(1,150)) were: Question 18 (1 point) 4.10(c) 3. Firm B - The total inflows including a $, comma and parentheses if negative (Example - $1,150 or $(1,150)) were: Question 19 (1 point) 4.10(c) 4. Firm B - The total outflows including a $, comma and parentheses if negative ( Example - $1,150 or $(1,150)) were: A CHAPTER 4 Statement of Cash Flows 193 4.9. Condensed financial statements for Dragoon Enterprises follow. (a) Calculate the amount of dividends Dragoon paid using the information given. (b) Prepare a statement of cash flows using the indirect method. Dragoon Enterprises Comparative Balance Sheets December 31, 2015 and 2014 2015 2014 Cash Accounts receivable Inventory Plant and equipment Accumulated depreciation Long-term investments Total Assets Accounts payable Accrued wages payable Interest payable Income tax payable Bonds payable Capital stock Paid-in capital Retained earnings Total Liabilities and Equity $ 1,200 1,750 1,250 4,600 (1,200) 970 8,570 1,100 250 70 200 1,100 1,000 400 4,450 $ 8,570 $ 850 1,200 1,360 3,900 (1,100) 1,110 7,320 800 350 120 50 1,400 930 70 3,600 $7,320 Income Statement for Year Ended December 31, 2015 $ 9,500 6,650 2,850 Sales Cost of goods sold Gross profit Other expenses Selling and administrative Depreciation Interest Income tax Net income 1,200 100 150 350 $1,050 CHAPTER 4 Statement of Cash Flows 4.10. The following income statement and balance sheet information are available for two (a) Calculate the amount of dividends Firm A and Firm B paid using the information firms, Firm A and Firm B. given. (b) Prepare a statement of cash flows for each firm using the indirect method. (c) Analyze the difference in the two firms. Income Statement for Year Ended December 31, 2015 Firm A Firm B $1,000,000 700,000 300,000 $1,000,000 700,000 300,000 Sales Cost of goods sold Gross profit Other expenses Selling and administrative Depreciation Interest expense Earnings before taxes Income tax expense Net Income 120,000 10,000 20,000 150,000 75,000 $ 75,000 115,000 30,000 5,000 150,000 75,000 $ 75,000 Changes in Balance Sheet Accounts December 31, 2014, to December 31, 2015 Firm A Firm B Cash and cash equivalents Accounts receivable Inventory Property, plant, and equipment Less accumulated depreciation Total Assets Accounts payable Notes payable (current) Long-term debt Deferred taxes (noncurrent) Capital, stock $ 0 +40,000 +40,000 +20,000 (+10,000) $ +90,000 $-20,000 +17,000 +20,000 +3,000 $+10,000 +5,000 -10,000 +70,000 (+30,000) $ +45,000 $ -5,000 +2,000 -10,000 +18,000 Retained earnings Total Liabilities and Equity +70,000 $ +90,000 +40,000 $ +45,000