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Please solve and show work. WILDHORSE LTD. Cash Flow Statement (Partial)-Indirect Method Cash at Beginning of Period Cash at End of Period Financing Activities Investing
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WILDHORSE LTD. Cash Flow Statement (Partial)-Indirect Method Cash at Beginning of Period Cash at End of Period Financing Activities Investing Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash Used by Financing Activities Net Cash Used by Investing Activities Net Cash Used by Operating Activities Net Decrease in Cash Net Increase in Cash Operating Activities $ Collections from Customers Decrease in Accounts Payable Decrease in Accounts Receivable Decrease in Income Tax Payable Decrease in Inventory Decrease in Prepaid Expenses Depreciation Expense Gain on Sale of Equipment Increase in Accounts Payable Increase in Accounts Receivable Increase in Income Tax Payable Increase in Inventory Increase in Prepaid Expenses Loss Loss on Sale of Equipment Payments for Operating Expenses Payments for Taxes Payments to Suppliers Proceeds from Sale of Equipment WILDHORSE LTD. Statement (Partial)-Indirect Method $ Wildhorse Ltd. is a private company reporting under ASPE. Its income statement and changes in current assets and current liabilities for the year are reported below: Prepare the operating activities section of the cash flow statement using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).)Step by Step Solution
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